Biodesign Institute Impact Accelerator

Category: Collaborating Institutions

The new Biodesign Impact Accelerator is housed at the Biodesign Institute in Tempe, Arizona. This venture advances a new model for technology transfer in collaboration with regional initiatives to bring innovation to the global marketplace.

The new model for commercializing research at the Biodesign Institute includes Arizona Technology Enterprises (AzTE) and SkySong, the ASU Scottsdale Innovation Center. The Impact Accelerator will act like a venture fund to support incubated companies with the inclusion of ASU Technopolis and local partners

The Biodesign Impact Accelerator will assume 8,000 square feet of space at the Biodesign Institute, and the companies will have access to an additional 25,000 square feet in SkySong. Executive direction is in place and some restructuring has occurred to make sure that the companies receive adequate access to resources to ease their development to maturity.