ASU Funding Opportunities

ASU offers a range of opportunities to get funding for a new venture.


Arizona Furnace Technology Transfer Accelerator

For students, faculty, staff, alumni and community
The Arizona Furnace Technology Transfer Accelerator is a startup accelerator designed to launch new companies created from technologies and intellectual property licensed from Arizona’s premier research institutions. It provides seed funding, office space and access to top industry mentors in order to commercialize discoveries made in university research labs.



Edson Student Entrepreneur Initiative

For students
The Edson Student Entrepreneur Initiative gives ASU’s student entrepreneurs the opportunity to develop their innovative ideas and launch viable startup companies. The initiative offers approximately 20 student-led teams each year up to $20,000 each in seed funding as well as office space, training and mentorship to help launch and grow their for-profit, nonprofit or more-than-profit ventures. All ASU students, including undergraduate, graduate, postdoctoral and part-time students, are eligible to apply.



GLC (Great Little Companies) Network

For students
The GLC (Great Little Companies) Network supports up to 30 student startups each year that apply for but are not accepted into the Edson Student Entrepreneur Initiative, ASU’s student startup accelerator. Each startup invited to participate in the GLC Network receives $3,000 in grant funding as well as direct mentoring through the Changemaker Central locations on each of ASU’s four campuses. For more information about the GLC Network, email



Innovation Challenge

For students
Innovation Challenge seeks undergraduate and graduate students from across the university who are dedicated to making a difference in our local and global communities through innovation. Students can win up to $10,000 to make their innovative project, prototype, venture or community partnership ideas happen. Participating in the Innovation Challenge prepares students for their professional and academic futures by providing an opportunity for them to practice their skills in teamwork, leadership, project development, business plan creation, public speaking and network creation.



Obesity Solutions Funding Challenge

For students, faculty, staff and alumni
Obesity Solutions, based on a comprehensive partnership between Mayo Clinic and ASU, is a global effort to develop innovative, scalable obesity solutions that work for real people in the real world. The challenge provides teams from all disciplines with the opportunity to design and develop their ideas and make a difference in the health of their communities. Winners receive up to $10,000 in seed funding as well as support from ASU’s Entrepreneurship and Innovation Group.



Pave Program in Arts Entrepreneurship

For students
The Pave Program in Arts Entrepreneurship paves the way to the future of the arts by investing in student innovation and creativity, supporting arts entrepreneurship education and undertaking entrepreneurial activities and research. The program focuses on educating students, artists and educators about how the principles of entrepreneurship can support the development of creative opportunities for all artists. Pave components include arts entrepreneurship classes, investment support for arts-based ventures, public programming, and faculty research and development in arts entrepreneurship.