From Discovery to Commercialization: Developing the Greater Phoenix Innovation Pipeline

Arizona State University, 2005 - $20,000

Sustainable development reconciles society's developmental goals with the planet's environmental limits over the long term. Although the sustainability industry is built upon the discoveries of researchers, the road from discovery to commercialization is not well known by most investigators, students, faculty members, and early-stage entrepreneurs. Additionally, many under-served student groups, such as the Hispanic and Native American populations and women, have had little exposure to sustainability science and innovation-focused careers. To address these issues, faculty from Arizona State University's International Institute for Sustainability and the ASU Technopolis are implementing a sustainability-focused Technology and Life Sciences Entrepreneurship Course (TLSE), Sustainability Entrepreneurship, to bring together graduate and undergraduate students and faculty members, educational and entrepreneurial communities, and under-served populations and engage them in the innovation pipeline.

Course attendees, students, faculty members, and early-stage entrepreneurs from greater Phoenix will learn basic start-up and management concepts and be exposed to strategic planning, technology road-mapping, business development, finance, intellectual property, marketing, law, product development, sales, and team building. Class members will form entrepreneurial teams to develop sustainability-focused business plans and financials, culminating with formal team presentations before a panel of industry experts, attorneys, and venture capitalists. ASU will also provide additional support for students to develop their sustainability-related projects following completion of the course.