About Asu enterprise partners
ASU Enterprise Partners: A New Model for Diversified Revenue Generation
ASU Enterprise Partners is a nonprofit organization that serves as the resource-raising arm of Arizona State University. It is the parent organization of five nonprofits, each tasked with identifying new revenue opportunities and investing in initiatives and partnership opportunities that provide resources to Arizona State University.
The mission of ASU Enterprise Partners is to support the vision and goals of Arizona State University by generating diversified revenue streams through philanthropy, real estate development, technology transfer, corporate engagement, and other innovative means. The organization's unique model allows it to leverage its resources and expertise across multiple areas to create sustainable revenue streams for the university.
One of the key strengths of ASU Enterprise Partners is its ability to identify new revenue opportunities through its five nonprofits. These include:
1. ASU Research Enterprise (ASURE): This nonprofit focuses on technology transfer and commercialization activities that help bring innovations developed at Arizona State University into the marketplace.
2. ASU Foundation: This nonprofit manages philanthropic gifts made to support Arizona State University's academic programs, research initiatives, student scholarships, and other priorities.
3. ASU Real Estate Development: This nonprofit manages real estate assets owned by Arizona State University or acquired for strategic purposes such as student housing or research facilities.
4. Skysong Innovations: This nonprofit helps startups based on technologies developed at Arizona State University get off the ground by providing funding, mentorship, office space, legal services and more.
5. Knowledge Enterprise Development (KED): KED provides a range of services related to research administration including proposal development assistance; contract negotiation; compliance oversight; intellectual property management; data analytics; training & education programs etc.
Through these nonprofits' efforts combined with their own expertise in fundraising strategy development & execution , marketing & communications , donor relations management etc., they have been able to generate significant revenues for Arizona State University over time.
ASU Enterprise Partners has also been successful in engaging corporate partners who share their vision for innovation-driven economic growth in Phoenix metro area where it operates from . By partnering with companies like Intel Corporation , Boeing Company , Wells Fargo Bank etc., they have been able to create mutually beneficial relationships that drive innovation while also generating significant financial support for university programs.
In addition to these partnerships with corporations , ASU enterprise partners has also established strong relationships within local communities where it operates from . Through community outreach events such as charity runs/walks ; volunteer days ; educational seminars/workshops etc., they have been able build trust among local residents who see them as an important part of their community fabric.
Overall , Asu enterprise partners represents a new model for diversified revenue generation that leverages multiple areas including philanthropy , real estate development , technology transfer & commercialization activities among others . With its unique approach towards identifying new sources of funding while building strong partnerships within both corporate world as well as local communities alike - this organization has become one-of-a-kind entity which can be emulated elsewhere too!