The Arizona Commerce Authority (ACA) and BioAccel announce their collaboration with AZ Furnace, Arizona's first-of-its-kind statewide business accelerator program that encourages entrepreneurs from across the country to find and commercialize innovations developed within the state's universities and research institutions. Partners already include Arizona State University, Northern Arizona University and the Dignity Health Group.
The ACA will commit up to $400,000 in seed funding, with BioAccel matching up to $150,000. This financial commitment is an investment in Arizona's overall economy by fostering promising, innovative business creation – a key initiative of both the ACA and BioAccel.
To read the original article: Partners invest in Ariz. business accelerator program | ASU News
