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Student Startup Programs Expand at Arizona State University
Date:9/5/2013

Tempe, AZ (PRWEB) September 05, 2013

Arizona State University has announced that it will expand its support for student startup companies with the launch of the Great Little Companies (GLC) Network. The campus-based program, which will be managed by ASU’s Entrepreneurship and Innovation Group (EIG), will support up to 30 student startups each year that apply for but are not accepted into the Edson Student Entrepreneur Initiative, ASU’s student startup accelerator which supports the top 20 student startups each year. Each startup invited to participate in the GLC Network will receive $3,000 in grant funding as well as direct mentoring through the Changemaker Central locations on each of ASU’s four campuses.

“The ASU Edson program has enabled considerable student entrepreneurship success over recent years and the launch of the GLC Network will significantly enhance our ability to support additional student startups across ASU,” said Sethuraman “Panch” Panchanathan, senior vice president for ASU’s Office of Knowledge Enterprise Development. “The widespread teaching of entrepreneurship, along with initiatives such as our Changemaker Central locations and ideation competitions like Innovation Challenge, have created a rich ecosystem for entrepreneurship to thrive within all corners of ASU.”

The objective of the GLC Network is to expand support to student startups beyond those in the Edson Student Entrepreneur Initiative. The GLC Network provides a year’s worth of startup support services with the intent that at the end of that year the participating companies will pursue funding from other ASU startup programs or launch into the Arizona startup ecosystem.

The Edson Student Entrepreneur Initiative began eight years ago with the goal of supporting students who were pursuing entrepreneurship while completing their degrees. Made possible by an investment from the J. Orin Edson Foundation to the ASU Foundation f
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