Venture capital. It’s a phrase that can conjure images of celebrations marking paydays for innovators and payoffs for investors. However, there are no guarantees that funding will move a company ahead in its lifecycle or that those with the deep pockets will ever see a penny in return.
So how do Arizona’s two largest metro areas stack up when it comes to opportunities for STEM positions? The answer is, pretty well. WalletHub ranked Tucson No. 21 and Phoenix No. 38 among the country’s top 100 most populous metro areas.
Having a good idea is not enough. It’s having the funding sources needed to cover the costs of getting from Point A to Point B and beyond before the competition catches up. CampusLogic and Allbound are two examples of companies that turned to risk capital to help meet their missions.
The Council and its publishing partner, the Arizona Commerce Authority, are transitioning the TechConnect publication to a blog format. That means the issue in the works—No. 60—will publish in the magazine format that readers have come to know, as well as a blog that today’s readers have come to expect.
Pima Community College’s new Autonomous Vehicle Driver and Operations Specialist program. The program was launched in the fall semester through a partnership with TuSimple, a company has used Tucson as its base for testing self-driving trucks.
Audiologist and molecular biologist O’neil Guthrie, an associate professor in Northern Arizona University’s Department of Communication Sciences and Disorders, is collaborating with New Jersey-based Optigenex to conduct a pre-clinical investigation to help the body’s natural ability to repair DNA through
a novel therapy.
The most recent endeavor at The University of Arizona Center for Innovation housed at the The University of Arizona Tech Park stays true to the university’s spirit of collaboration and growth. The U.S. Department of State selected the center to host four international startups as part of its Global Innovation through Science and Technology program.
On the heels of a study showing how cancer can be precisely detected by a liquid biopsy blood test created by the Translational Genomics Research Institute (TGen), a new $2.1 million federal grant will enable TGen and Mayo Clinic researchers to fine-tune the system in clinical trials.
TechTalk enews provides a monthly round-up of member updates, technological advancements, milestones and awards, industry news, and featured content on the Council’s annual sponsors. Check out what’s happening in the Council’s November issue of TechTalk!
Scientists develop new approach to treat wounds by using three-dimensional skin substitutes formed from native skin proteins through a process called electrospinning. Shifting from using synthetic materials, electrospun
protein scaffolds guide cell adhesion and growth, and can be used to deliver cells, drugs and even genes into the body.