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ASU Launches Summer Program for Aspiring Entrepreneurs, Innovators and Inventors
Date:5/21/2013

Scottsdale, AZ (PRWEB) May 21, 2013

Arizona State University is seeking aspiring entrepreneurs, innovators and inventors who want to develop their ideas into solutions, products and services in a free summer program.

The university is recruiting participants for AREA48 (Applied Regional Economic Activity), a revolutionary new “formation space” that provides early-stage entrepreneurs with opportunities to access human and knowledge assets. While AREA48 is open to anyone, ASU is particularly seeking participation from retirees, veterans rejoining the civilian workforce and knowledge workers seeking new opportunities.

Located in a former restaurant in downtown Tempe, AREA48 supports the development of entrepreneurs by providing a central place for them to connect, collaborate and create as well as receive mentorship, advice and practical business training. There is no cost to participate in AREA48, which runs from June through September. Anyone interested in participating may apply online.

The initiative, which is run by ASU Venture Catalyst, the university’s startup unit, is funded by a grant from the Blackstone Organizational Grants Program, an annual $1 million program targeting organizations that focus on entrepreneurship and innovation. Through this program, the Blackstone Charitable Foundation is helping innovative organizations that directly support entrepreneurs to pilot, expand or replicate projects or programs that will catalyze the growth of successful businesses, industries and communities.

“AREA48 provides an opportunity to harvest untapped human resources to create high-growth ventures that will spur long-term economic growth and job creation in Arizona,” said Gordon McConnell, Assistant Vice President for Innovation and Entrepreneurship in the Office
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