Arizona Furnace


Arizona Furnace is an innovative startup accelerator designed to incubate and launch new companies created by licensing technology and intellectual property from Arizona's premiere research institutions. In partnership with Dignity Health Systems, NAU Ventures, NACET and BioAccel, Furnace will be an intensive, six-month accelerator experience for startups; providing them with initial seed funding, office space, and access to top industry mentors. Participants in Furnace will have access to the top discoveries made in Arizona laboratories and the opportunity to commercialize those technologies into high-potential startups.


Competition Organizer

Arizona State University

Local US Event
Scottsdale, AZ
*Available in all states*

Submission Date


Business Plan Submission Date


Awards Date


Total Prize Cash (US Dollars)


Competition Category
  • Graduate - All U.S.
  • Technology - Other
  • Graduate - Global
Who's Eligible

Must be a new company, incorporated in 2012. Must be based on ASU, NAU, or Dignity Health technology or intellectual property. Must incorporate and locate in Arizona for 6 month Acceleration period.

Important Dates

August 14 - Q&A Session at ASU SkySong
August 28 - Competition Opens
September 6 - Cofounder Networking Event at ASU SkySong

Competition Prizes

Winners receive $25,000 in cash, office space at ASU SkySong for 6 months, intensive mentor oversight, training events and programs throughout the acceleration period, and a Demo Day March 2012