ASU partners to create innovation hub
Arizona State University will collaborate with the University of Rhode Island to create an innovation hub focused initially on cybersecurity, big data analytics and the Internet of Things. Also part of the project will be Cisco Systems.
The hub will have two Rhode Island locations at inception: one co-located at a central Innovation and Entrepreneurship space on the Kingston campus, and the second to serve as an industry gateway and co-working and incubation/acceleration space in Providence.
The total initial project investment for the innovation hub is expected to be more than $11 million. Investments are expected from additional corporate partners as the hub grows and additional focus areas are explored.