ASU has developed key regional economic development partnerships, including ones with the City of Phoenix for its Downtown Phoenix campus, the city of Mesa for ASU Polytechnic campus, and Mayo Clinic, to connect talent and innovation to place-based development. The development of SkySong, the ASU Scottsdale Innovation Center, has been responsible for the creation of 1,500 jobs and an economic output of more than $588 million to the Greater Phoenix economy. SkySong’s economic impact is estimated to grow to $32 billion in the next 30 years.

“Public research universities such as Arizona State University serve as economic engines for their local communities and states by conducting cutting-edge research that yields breakthroughs that improve life well beyond the confines of campus,” said APLU president Peter McPherson. “Equally important, these institutions cultivate the talent necessary to help fledgling business take flight and ensure existing enterprises have the human capital they need to maintain their dynamism.”

To learn more regarding ASU’s economic development efforts and partnerships, click here.