Rapid growth seen from entrepreneurs who want to make a significant difference in the local and global communities through innovation.
TUCSON, Ariz. (January 15, 2021) — The University of Arizona Center for Innovation (UACI) is pleased to announce that more than 40 startups, a record number, are enrolled in the incubation program. Passionate entrepreneurs from across the nation have flocked to UACI. Each one of the 40+ tech and science-based startups are developing solutions for real-world problems and have a strong desire to make a significant difference in the local and global communities through innovation.
Businesses are working on everything from curing cancer to developing an app to help correct posture. The reasons why startups have teamed up with UACI are as diverse as the businesses themselves.
TheraCea Pharma is a biotech startup and one of UACI’s newest companies that recently competed for and won a sponsored year in the incubator. “UACI provides fabulous support to startup companies by connecting them to the resources of the University of Arizona and the Tucson Community. TheraCea team is very excited to be able to use the laboratory and office space to advance their technical work, business mentorship and commercialization programs to move the company to the market,” shared Iman Daryaei, Chief Executive Officer, TheraCea Pharma.
“Both the University of Arizona Center for Innovation and UA Tech Park have assisted in moving our company forward by providing access to experts in the field, including mentors and business experts that have helped us understand how to overcome obstacles as entrepreneurs and to be able to push our ideas and innovations forward into the marketplace, stated” Courtney Williams, CEO & Co-founder of Emagine Solutions Technology.
“As a startup, having access to all that the University of Arizona has to offer gives us a better springboard to our future success. We greatly appreciate the help and dedication to our success that we have received from the entire team at the University of Arizona Center for Innovation,” expressed Emil Tremblay, CEO & Co-founder of SGNT.
This milestone could not have been reached without the strategic measures put in place to grow the innovation capacity at The University of Arizona utilizing UACI as one of the main mechanisms.
“UACI has long served the region’s strong and vibrant community of entrepreneurs and innovators and our number of startups is a testament to the validity of the program, the evolution of a maturing entrepreneurial
ecosystem and the elevated sophistication of the startups,” shared Carol Stewart, associate vice president of Tech Parks Arizona.
Startups enrolled in the program come from the University of Arizona, the general community, and internationally. The UACI recently received the
UACI has expanded regionally to bring programming to the
Beyond expanding offerings, UACI has teamed with key organizations. For example, UACI partnered with several
Startups are emersed with support centered around a 27-point roadmap. The program helps them to translate innovations into marketable technologies, develop a business plan, identify target markets, refine their prototype, prepare pitch presentations, secure investment, successfully launch into the market and much more. UACI expanded their team to include four subject matter experts that serve the increasing number of startups. These subject matter experts assist the UACI startups in taking action
“We have seen a large influx of startup teams who have a deep desire to make a significant difference in the local and global community through innovation. It is extremely rewarding to help them along their path. No matter what stage, our program is designed to meet them at their need,” shared Eric Smith, executive director of UACI.
About the UA Center for Innovation
The University of Arizona Center for Innovation (UACI) is a startup incubator network with outposts across the Southern Arizona region and a mission to grow scalable science and technology startup ventures that fuel the Arizona economy. For nearly two decades, the program has directly served over 140 companies and impacted thousands of entrepreneurs. This is done through providing access to people, programming and places that help entrepreneurs take their companies from idea to market. Startups go through a structured program that takes them through a continuum of education provided by mentors, advisors and community collaborators. UACI also provides access to service providers, industry cluster groups, interns and connections to potential customers and strategic partners. Entrepreneurs utilize various physical spaces that include offices, wet and dry labs, meeting rooms, a prototyping center, collaboration areas and the infrastructure to support these spaces. The UACI is part of Tech Parks Arizona, which brings together university, industry and community, creating “interactive ground” to advance technology innovation.