Leadership Academy aims to help small business in the economic recovery

June 18, 2012

Small businesses play a key role in our economic recovery, creating jobs to help get our community back on track. The W. P. Carey School of Business at Arizona State University is offering a program to help small business owners and executives learn how to improve efficiency, streamline operations and raise profits. The fifth annual Small Business Leadership Academy is available to the leaders of small and diverse local businesses.

“We’ve had phenomenal feedback from business owners who attended the academy over the past several years,” said Dawn Feldman, executive director of the W. P. Carey School of Business Center for Executive and Professional Development, which hosts the program. “Classes are held just one night per week, so they fit right into busy executives’ schedules, and they’re taught by top professors from the highly ranked W. P. Carey School. Participants not only take away great business knowledge, but also a new support network of peers that will exist long after the program is over.” Dawn Feldman Download Full Image

Salt River Project (SRP), the program’s founding co-sponsor, is offering a number of scholarships to its current suppliers and small business customers.

“The academy offers an outstanding opportunity for small business owners to gain knowledge from highly acclaimed professors and establish lasting relationships with other community small business owners, all in a well-structured academic, but practical environment,” said Carrie Young, senior director, corporate operations services for SRP. “The partnership we have with ASU, coupled with the sponsorship and scholarships we offer to the academy, is a natural fit for SRP in supporting economic development within our own community.”

As part of a larger partnership with ASU focused on small business support, JPMorgan Chase is also joining as a top sponsor, providing 15 scholarships to the academy.

“As Arizona’s number one SBA lender, we know how important small businesses are to our economy,” said Joe Stewart, chairman and CEO of JPMorgan Chase in Arizona. “Entrepreneurs who participate in the Small Business Leadership Academy will get the best of ASU in a format that fits their busy schedules.”

The 10-week academy will run on Wednesday nights from Aug. 29 to Nov. 14. The curriculum will cover business strategy, team-building, negotiations, procurement and competition through service offerings. Program applications are due July 13.

Participants must come from companies that have:

• been in business for at least three years
• annual revenues between $1 million and $10 million
• fewer than 100 employees

Applicants must be able to attend all scheduled classes and related activities. Those who complete the program will receive four Continuing Education Units (CEUs) from Arizona State University. These units are widely used as a measure of participation in non-credit, professional development courses.

Other sponsors of this year’s program include the Arizona Lottery, Blue Cross Blue Shield of Arizona, U.S. Bank and the Hahnco Companies. These firms are also sponsors of the school’s Spirit of Enterprise Awards, which recognize some of the state’s best businesses. The W. P. Carey School’s Spirit of Enterprise Center helps hundreds of small businesses each year.

For more information about sponsoring a scholarship or applying to the program offered through the nationally ranked W. P. Carey School of Business, call (480) 965-7579, e-mail wpcarey.execed@asu.edu or visit www.wpcarey.asu.edu/sbla. Current SRP vendors can also contact Art Oros, SRP procurement services manager, for information about this year’s SRP scholarships at (602) 236-8773 or Art.Oros@srpnet.com.

Plans for Arizona Biomedical Corridor under way

June 19, 2012

In the coming months, the City of Phoenix, ASU and Mayo Clinic will jointly plan for the Arizona Biomedical Corridor, after a memorandum of understanding was approved April 3. The City of Phoenix, ASU and Mayo Clinic will focus on the development of the corridor to create jobs and educational opportunities in northeast Phoenix, which will serve as an international destination for renowned medical care at Desert Ridge.

Mayor Greg Stanton and Councilman Jim Waring worked together to get the process off the ground. microscope Download Full Image

“I am committed to our city’s future economic health and prosperity, which must include industries like bioscience that can weather the storms, create jobs and make Arizona competitive in the global marketplace,” Stanton said. “We have the opportunity to do that with Mayo Clinic and ASU, and now is the time to invest in Phoenix’s future and produce results.”

Stanton announced in his inaugural address that he would form the collaboration with ASU and Mayo Clinic to develop a major bioscience center in northeast Phoenix. The corridor will accommodate biotechnology companies and related research, clinical and academic uses and supporting commercial development.

ASU, Mayo Clinic and the City of Phoenix agreed in the MOU to establish a collaborative between the three and expand the bioscience industry by locating compatible companies in the corridor, located in northeast Phoenix at 56th Street and Mayo Boulevard, south of the Loop 101 freeway.

“We in District 2 are thrilled, not only for ourselves, but for the entire city of Phoenix,” Waring said. “Arizona State University and Mayo Clinic is a tremendous partnership that will benefit the citizens by improving the quality of health care in addition to bringing an economic engine to the region."

Britt Lewis

Communications Specialist, ASU Library