Completion of new business incubator signals growth for Phoenix, Discovery Triangle

Completion of new business incubator signals growth for Phoenix, Discovery Triangle

Sitting in the heart of Discovery Triangle near Sky Harbor Airport in Phoenix, the Center for Entrepreneurial Innovation at GateWay Community College will officially open its doors this month, and clients are being courted to bring their businesses to this new business incubator.

The Center for Entrepreneurial Innovation (CEI) offers programming, mentoring, space and many other professional services.

“CEI is the only comprehensive business incubator in the City of Phoenix where great minds and resources come together to help further the success of innovative entrepreneurs in the greater Phoenix area,” said GateWay President Eugene Giovannini. “The center will aid in further developing business in the area and the state.”

Supported by public and private funding, Phase I of the new facility offers 12,600 square feet of sophisticated fully-furnished offices, open collaborative spaces, communications technologies and wet/dry bio-centric laboratory spaces for innovative entrepreneurs.

It is designed to house and develop early stage companies focused on biotechnology, clean technology, renewable energy and technology/software by providing business and professional resources, such as guidance and mentoring, and exposure to a network of local business professionals. Phase II will add an additional 5,500 square feet and is scheduled to be completed by this fall.

The funding partners that have made the CEI a realityinclude The City of Phoenix,  the U.S. Economic Development Administration and Blue Cross and Blue Shield.

“Creating an incubator with affordable wet lab research space for start-ups, spin-offs and entrepreneurs is key to strengthening our economy and growing the local bioscience industry,” said Mayor Greg Stanton.  “By working with our partners at GateWay Community College and U.S. Economic Development Administration, we will have a direct positive impact on our city's economic vitality by assisting young enterprises in Phoenix.”

Also instrumental in the center’s launch is the relationship forged with Northern Arizona Center for Entrepreneurship andTechnology (NACET), an established business incubator that offers a hands-on business incubation engagement program designed to transform innovation into viable companies for the region. NACET is the managing partner in the launch of the new center in Phoenix.

In addition, CEI’s new executive director Jack C. Irving brings more than 20 years in the industry and a diverse background, with experience in marketing, product marketing, training/organizational development, sales and sales management.  Irving has led the marketing efforts for products and services from medical devices to high tech, technology services, network infrastructure, professional services/consulting and software companies. He has worked with both Fortune 500 and start-ups.

“Clients gain from our programs, resources and facilities,” saidIrving. “CEI raises the entrepreneurial, innovation and business incubator bar.”

An added bonus is the affiliation the center will have with local agencies like the Small Business Development Center (SBDC). SBDC will be housed in the new center and provides an added resource for clients.

To learn more about the CEI or how to become a client, visit the Center for Entrepreneurial Innovation online at www.ceigateway.com or call (602) 286-8950.

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CEI/GATEWAY COMMUNITY COLLEGE RELEASE

Wednesday, March 14, 2012

 

Media Contacts:

GateWay Community College

Christine Lambrakis, lambrakis@gatewaycc.edu, (602) 286-8227, (480) 433-4021

City of Phoenix

Sina Matthes, sina.matthes@phoenix.gov, (602) 534-6648, (480) 213-2086