ASU Edson program seeks to fund next generation of student entrepreneurs


March 1, 2012

ASU Venture Catalyst, part of ASU SkySong, officially has launched the 2012 application for the Edson Student Entrepreneur competition, to find and support the best new and innovative student startups in Arizona State University.

Now entering its eighth year, the Edson Student Entrepreneurship Initiative is the university’s premier student startup competition, as well as one of the largest privately funded business plan competitions at a U.S. university. Download Full Image

“We are thrilled to announce the launch of our 2012 application," said Brent Sebold, venture manager for the Edson program. "Students can win up to $20,000 in funding as well as mentoring and office space to advance their venture ideas. More importantly, we have added over 70 leading mentors to the program in the last eight months, including mentors in Silicon Valley, New York and Europe.

“We plan to build on the success of this past year's Edson cohort which included three of the five finalists in Entrepreneur Magazine's “College Entrepreneur of the Year” award and the eventual overall winner, G3Box,” he added.

The Edson program’s main objective is helping students turn their venture concepts into viable businesses. Over a third of the companies that were funded in the 2011 Edson cohort currently are generating revenue. Edson companies also have been encouraged to compete in other U.S. and international business plan competitions, where they have overwhelmingly placed in the top five.

In addition, the current group of Edson companies has raised more than $100,000 in additional funding from local, national and global startup competitions and grants. 

Both undergraduate and graduate students can apply for the competition. Individual students may submit a variety of venture concept proposals, and multiple submissions will not decrease the likelihood of being selected for funding. Additionally, all ASU students, including Barrett Honors students, are encouraged to adapt their problem-solving term papers or honors theses into Edson venture proposals. Beyond funding, student ventures have 24/7 access to office space at ASU SkySong and world-class industry mentors. 

“This is about giving student entrepreneurs the means to not only create their own jobs but provide new jobs and create wealth,” said Gordon McConnell, executive director of the ASU Venture Catalyst. “Many of this year’s Edson companies are manufacturing ventures, and we can envision the next generation of product manufacturing companies in the United States coming from our student ventures.”

For further information, interested parties can check in with the Edson Student Entrepreneur Initiative via Facebook at facebook.com/asu.edson or via the dedicated website at edson.asu.edu. The application process is simple and quick, and budding entrepreneurial students may seek help from the ASU Venture Catalyst team when preparing their venture proposals for submission.

Venture Catalyst team members will be holding application workshops and office hours on all four ASU campuses throughout the month of March. The deadline to apply to the Edson competition is midnight, Sunday, April 1.

Sun Devil Athletics receives certified status from NCAA


March 1, 2012

Arizona State University is one of 13 NCAA member institutions that have received certification status by the NCAA Division I Committee on Athletics Certification, vice president for athletics Lisa Love announced.

"NCAA certification is a comprehensive overview of how we operate our athletics program," says Love. "This is a very involved process, one that is exhaustive and performed campus-wide. I would like to acknowledge the fine efforts of the Sun Devil Athletics Faculty and Staff Board. We are quite pleased with the results." Download Full Image

The NCAA Division I Committee on Athletics Certification announced decisions today concerning the status of 13 member institutions in the division's athletics certification process. A certified designation denotes that an institution operates its athletics program in compliance with operating principles adopted by the Division I membership.

This cycle represents the last certifications started before a moratorium was placed on the program in April 2011 by the Division I Board of Directors.  In January 2011, NCAA President Emmert asked staff to evaluate the program to reduce the burden on institutions, increase cost-effectiveness and improve the overallvalue.

Legislation mandating certification was adopted for all active Division I schools in 1993 to ensure the integrity of each member institution's athletics program, while assisting institutions with improvements when necessary.

In order to complete the certification process before the moratorium, the institution finished a self-study led by an institution's president or chancellor. In addition, institutions completed a review of these primary components: governance and commitment to rules compliance; academicintegrity; gender/diversity issues and student-athlete well-being. Each member institution is to complete a self-study at least once every 10 years. However, no active members will begin the certification process until Aug. 1, 2013 because of the suspension of the certification program.

The following 12 institutions were certified:
• Arizona State University
• Alcorn State University
• Loyola University (Maryland)
• Northwestern State University
• Samford University
• Santa Clara University
• Southeast Missouri State University
• University at Albany
• University of North Carolina, Asheville
• University of North Carolina at Greensboro
• University of Northern Iowa
• University of Tennessee, Chattanooga

In addition, the following institution has been certified with conditions:
• University of Hawaii, Manoa.

Certified with conditions means the institution is considered to be operating its athletics program in compliance with operating principles. However, issues identified during the course of the institution's evaluation were considered serious enough by the Division I Committee on Athletics Certification to cause it to withhold full certification until those issues have been corrected. The NCAA does not divulge specific information related to an institution's self-study or peer-review visit or the conditions set forth for certification.

The Division I Committee on Athletics Certification preliminarily reviews an institution's certification materials and provides a list of issues identified during the evaluation. Then, the university hosts a visit by peer reviewers who file a report regarding the institution's resolution of those issues before a final certification decision is rendered. An institution's failure to satisfactorily respond to the committee may negatively impact certification status.

The certification process is separate from the NCAA's enforcement program, which investigates allegations of rules violations by NCAA member institutions. A decision of certified does not exempt an institution from concurrent or subsequent enforcement proceedings.

The NCAA Committee on Infractions may ask the Committee on Athletics Certification to review an institution's certification status as a result of a completed infractions case.

The members of the Committee on Athletics Certification are: Anthony Archbald, Princeton University; John Balog, Jacksonville University; Henry Brooks, University of Maryland, Eastern Shore; Roger Caves, San Diego State University; Casey Comoroski, Missouri State University; Beth DeBauche, Ohio Valley Conference; Tom Douple, The Summit League; John M. Dunn, Western Michigan University; Tracey Flynn, Quinnipiac University; Amy Folan, University of Texas at Austin; Joanne Glasser (chair), Bradley University; Angela Johnson "A.J." Grube, Western Carolina University; Nina King, Duke University; Gary Overton, East Carolina University; William Perry, Eastern Illinois University; Judy Van Horn, University of South Carolina; Fred Washington, Prairie View A&M University; and Sarah Wilhelmi, West Coast Conference.

Lisa Robbins

editor/publisher, Media Relations and Strategic Communications

480-965-9370