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In 2004 the City of Scottsdale, the ASU Foundation for a New American University and Arizona State University joined forces to create SkySong the ASU Scottsdale Innovation Center. A mixed use development located on 43 acres just three miles north of ASU’s Tempe campus, SkySong brings together large companies, entrepreneurs, student entrepreneurs and ASU units in a collaborative environment that supports company growth. ASU SkySong acts as the connector to the university for both SkySong companies and the general business community. SkySong is an economic development driver for South Scottsdale and the university is a key player in the economic development landscape of the Phoenix metropolitan area. View the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/skysong-asu-scottsdale-innovation-center/
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ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
Janice KleinwortDirector of Economic Affairs
Office of Knowledge Enterprise DevelopmentArizona State University
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
“ASU is committed toexcellence, access, and impact. We measure ourselves by those we include, not by those we exclude.”
Arizona State UniversityA New American
University
ECONOMIC DEVELOPMENT AND GLOBAL ENTERPRISEECONOMIC DEVELOPMENT AND GLOBAL ENTERPRISE
What is SkySong?
ASU Scottsdale Innovation Center:A public-private partnership with an
economic development focus
Role:Community revitalizationBusiness portalASU connector
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
SkySong Connector
• Centrally located
• Easily accessible
• Foundation for McDowell corridor redevelopment
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
SkySong Partnership
ASU:Economic concept and vision, program and facilities support, anchor tenant
Plaza Companies:Site development, design, construction, capital, marketing and asset management
ASU Foundation for a New American University:Development partner
City of Scottsdale:Land, infrastructure, initial investment
Holualoa Companies: Primary capital for project development
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
SkySong Impact
• $460 million economic impact for Greater
Phoenix (projected $9.9 billion by 2030)
• 300,000 sq ft office space – 96% leased
• 800 jobs to South Scottsdale
• 70 companies - 8 countries represented
• 4 new programs for entrepreneurs
• 5,500 business meeting attendees per month
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
2013-2015 Development
• Office – 300,000 sq ft• Residential – 750 units• Transportation
connection
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
ASU SkySong
• Home to entrepreneurs, student entrepreneurs and ASU employees
• Soft landing location for international companies
• Hub for innovation and economic driver for the university
• Liaison for industry to connect with the university
• Business meeting location
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
Corporate Engagement
• Sponsoring research
• Collaborating with faculty &
students
• Recruiting talent
• Mentoring entrepreneurs
• Joining industry consortia
• Becoming a vendor
• Licensing ASU technology
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
Economic Development
Business Attraction and Retention
Strategic Planning
Program Development
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
Entrepreneurship
Co-working and education space for entrepreneurs in public libraries.
“Pracademic” classes taught by experts covering a range of entrepreneurship- and startup-related topics
Accelerator launching new companies that commercialize discoveries from Arizona’s research institutions.
New model for company creation by fostering collaboration among diverse entrepreneurial stakeholders
ASU’s student venture accelerator program providing funding, mentorship and office space.
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
SkySong ASU Scottsdale Innovation
Center
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
SkySong ASU Scottsdale Innovation
Center
EXCELLENC
E
ACCESS
IMPACTskysong.asu.edu
ECONOMIC DEVELOPMENT AND CORPORATE ENGAGEMENT
Janice KleinwortDirector Economic Affairs
Office Knowledge Enterprise DevelopmentArizona State University