Arizona Center for Innovation
The Arizona Center for Innovation (AzCI)
is a business incubator designed to meet the needs of developing technology
companies, particularly in the areas of: aerospace, advanced composites and
materials, information technology, environmental technology, life sciences and
optics/photonics. AzCI provides a structured program of business development
that includes access to first-class facilities plus coaching, networking and
other services. Each company receives assistance in preparing a business plan,
developing products and services, securing financing, and executing a marketing
program.
The AzCI’s incubation model ensures that companies receive practical, hands-on
assistance early in the innovation process, beginning in the research phase, and
continuing through product development to commercialization. This structured
approach helps companies to bridge the many gaps between discovery and
commercialization, and to meet the primary goal of AzCI, which is to increase
the likelihood of success for a start-up company, and achieve it in a shorter
amount of time.
The Arizona Center for Innovation is located at the University of Arizona
Science and Technology Park, which is also home to forty technology companies
and business organizations and more than 7,000 employees. Park tenants include
five fortune 500 companies, IBM, Raytheon, Canon USA, Citigroup and General
Dynamics as well as several emerging high tech companies including NP Photonics,
Modavox and DILAS Diode Laser. UA South, a branch campus of The University of
Arizona, is also located at the Park. The Tech Park contributes nearly $2.5
billion annually to Pima County’s economy and is one of the region’s largest
employment centers. The Tech Park is comprised of almost two million square feet
of developed space located on 1,345 acres of land and has been recognized as one
of the premier university research parks in North America.
How does AzCI support start-up companies?
AzCI provides a structured business development program. There are three
Commercial Reality programs suited to fit the entrepreneur at any phase of their
launch process. Commercial Reality supports the company through the business
planning process, protecting their intellectual property, assembling the team,
securing their seed funding, and developing a prototype. During this time the
company is participating in the structured sessions, having access to business
development resources and sharing office space at AzCI. Additionally, the client
company receives individualized business development assistance by AzCI
management staff. AzCI also has an extensive mentor program available for active
support.
The Arizona Center for Innovation is currently seeking additional client
companies. Click here
to find out more about becoming a client.