ASU, city of Phoenix launch new innovation incubator program
RISN Incubator to help develop a robust circular economy using waste, other resources for Arizona, beyond
Arizona State University, twice named the most innovative school in the nation by US News and World Report, in collaboration with the city of Phoenix, named the Top Performing City overall by Governing and Living Cities, announce a call for innovators and entrepreneurs to participate in the RISN Incubator, a diverse solutions business development and accelerator program.
Selected ventures that focus on waste diversion and improvements in processing or utilization of waste as a raw material for new products or energy will have access to resources and support from ASU and Phoenix to develop new solutions that develop products and services that contribute to the regional development of a vibrant circular economy. Venture concepts eligible for the incubator include, but are not limited to: conversion of solid waste into new material or energy; services that divert, reuse, or recycle; software applications around sustainability (waste, organic material, reuse, recycling); and design services that focus on sustainability.
Phoenix 27th Ave. Waste Transfer Station, future home of the Resource Incubation Campus and source of RISN Incubator feedstock.Photo Courtesy of City of Phoenix Public Works
The Resource Innovation and Solutions Network and the RISN Incubator are part of a partnership with the City of Phoenix and its Reimagine Phoenix initiative to divert waste from the landfill.Photo by Jason Franz
Through funding provided by the U.S. Economic Development Administration’s i6 Challenge and from support of the Resource Innovation and Solutions Network, the RISN Incubator will assist and mentor aspiring new ventures within a wide range of developmental stages.
“ASU identifies innovation and the support of new ventures as essential to the development of a strong economy at local, regional and global scales,” said Ji Mi Choi, associate vice president of ASU’s Knowledge Enterprise Development, leading Entrepreneurship and Innovation which includes the new RISN Incubator. “Between the expertise at ASU and the material and practice resources at the city of Phoenix, we are excited to work with the ventures that will be creating exciting new solutions to our waste and energy challenges.”
Joining ASU to lead the RISN Incubator as its director is Alicia Marseille. Marseille brings a wealth of start-up and economic development experience from her recent position as director of the U.S. Small Business Administration’s Women’s Business Center, AWEEc. Marseille will apply her decade of national and international background in public/private partnerships, emerging markets, growth strategies and financial modeling to the RISN Incubator’s development.
This call for innovators and entrepreneurs is open until July 24 with the challenge kicking off Aug. 25.
For more information including the application, visit RISNincubator.asu.edu.