Inc. magazine names ASU incubator one of 3 to watch

Inc. magazine recently recognized ASU’s Furnace Technology Transfer Accelerator as one of its “3 College-Town Incubators to Watch,” as reported by a recent Columbia Regional Business Report article.

“It shouldn't be surprising that 32 percent of all business incubators in North America have ties to a university,” Inc. said. “College towns offer an abundance of resources – including a cheap, well-educated workforce and a pipeline of ideas from campus classrooms. High-profile incubators such as Stanford's StartX and the Austin Technology Incubator at the University of Texas aren't the only hives of innovation buzzing within academia.”

Also on the list: EnterpriseWorks in Champaign, Ill., home of the University of Illinois and the USC/Columbia Technology Incubator.