UArizona Fuels Innovative Biotech Startups
Tech Parks Arizona directs the UA tech park at Rita Road, UA tech park at the bridges in the UA center for innovation with a global of recruiting companies with connections to the University to locate at the facilities.
“We are the intersection between academia and industry,” said tech Parks Arizona Associate VP Carol Stewart. “All the key players are in our sandbox, especially in a cluster like bioscience.”
Within the incubator network, UArizona Center for Innovation there are 55 start-up companies and an additional 10 seeking to enter the system within the next 30 days. It's a diverse group: 28% of the companies served by UACI have female-led founders. The nationwide figure is just 6% located in incubators.
UACI at the UA Tech Park at Rita Road and I-10 opened in 2003 and is the longest continuously operating incubator in Arizona. It's part of an interactive community where innovators and business leaders meet, a place where emerging companies and technology giants work side by side. The incubator is often referred to as the heartbeat of the park, which encompasses 1,267 acres and has 2 million square feet of space for high-tech offices, research, and development and laboratory facilities. The park generated an economic impact of $2 billion statewide and an estimated $52.8 million in tax revenues for the state, county and city governments in 2019.
The newest addition to Tech Parks Arizona, UACI at Oro Valley, opened in December to support bioscience startups from the university community.
