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$1M grant helps ASU launch startups

October 7, 2010

Gov. Jan Brewer awarded ASU a $1 million grant to establish Venture Catalyst at ASU, a new entrepreneurial assistance initiative to help faculty, students and companies launch new startups or accelerate existing ventures.

The $1 million grant will allow the new Venture Catalyst to double the number of entrepreneurs ASU can serve, change the focus from large group training to one-on-one mentoring, and help create jobs in Arizona by more quickly bringing university research to market application.