(PRWEB) January 11, 2012
Michael Hool, President of the Hool Law Group, Plc announced recently that his firm will sponsor the ASU Student Startup Summit + Demo Day (Summit) to be held on January 26 and 27 at ASU SkySong. The Summit is organized by ASU Venture Catalyst, the Edson Student Entrepreneur Initiative, and the University Initiatives office, and will help kick off another year of entrepreneurial innovation at ASU. Open to the entire entrepreneurial community within ASU, and all of Arizona, the Summit will feature a new event this year; a “Demo Day” in which up to 15 ASU student-run businesses will compete for up to $7000 in cash prizes. Demo Day will focus on the progress each venture has made over the last six months.
"We have supported entrepreneurship for 25 years and always look for ways to support an ecosystem that nurtures emerging companies in Arizona,” says Hool. “Helping to launch student conceived ventures through the Venture Catalyst Demo Day allows us to help bridge student ingenuity with commercial reality. It is a real positive from every perspective and matches Hool Law Groups’ goals perfectly."
The Summit will feature much more than just Demo Day, providing a variety of “plug and play” workshops that will address several different topics of interest to entrepreneurs.
"We are thrilled to kick off 2012 with this unprecedented entrepreneurship summit and demo day, which is open to all ASU students, faculty, and staff,” says Brent Sebold, Venture Manager for the Edson Accelerator. “ASU is leading the way in collegiate entrepreneurship. Having just dominated Entrepreneur magazine's collegiate entrepreneur of the year competition, and readying ourselves to host this year's Ashoka Exchange conference in February, ASU is poised to continue our role as a global student startup catalyst."
Summit attendees will also experience networking opportunities, a keynote address from Arizona native and ASU alum Courtney Klein Johnson, and a closing awards ceremony where the Demo Day pitch winners will be announced. Also announced at the awards ceremony will be the finalists in ASU’s Innovation Challenge.
“Almost 190 applications were submitted to the Innovation Challenge this year, up 25% from last year,” said Hayfa Aboukier, University Innovation Fellow at ASU. “The innovations presented this year are the best yet, and the entire IC staff is very excited to announce the 30 finalists at this year’s Demo Day awards ceremony.”
As Sebold explains, "The demo day is unique because it's focused on execution, rather than business planning or conceptual startup ideas. Prizes will be awarded to companies who have demonstrated that they have successfully executed significant aspects of their business plans within the past six months. This competition is all about "doing," not just "talking.""
Invitation to visit the Summit website and RSVP: http://asustudentstartupsummit.com/
About Hool Law Group, Plc.:
Hool Law Group is a law firm focused on entrepreneurial success, representing investors and growing ventures from start-up to exit, covering all aspects of corporate representation, contracting, financing (venture, securities law compliance), licensing, regulatory work, and mergers and acquisitions. We leverage our entrepreneurial spirit, connections, and the deep legal and business knowledge attained over 20 years to assist investors and to help grow our entrepreneur clients.
About Edson Student Entrepreneur Initiative:
The Edson Accelerator provides funding, office space, and guidance to teams of students within all university disciplines. This accelerator gives student entrepreneurs the opportunity to develop their innovative ideas and launch viable businesses. As an integral program of ASU Venture Catalyst, students in the Edson accelerator have access to seasoned entrepreneurs, industry mentors, and other Catalyst programs that enable them to advance enterprise.
About Innovation Challenge:
The ASU Innovation Challenge, a signature program of Changemaker Central, seeks undergraduate and graduate students from across the university who are dedicated to making a difference in our local and global communities through innovation. Students can win up to $10,000 to make their innovative project, prototype, venture or community partnership ideas happen. Engaging in the ASU Innovation Challenge prepares students for their professional and academic futures by providing an opportunity for them to practice their skills in teamwork, leadership, project development, business plan creation, public speaking, and network creation. Students will also become prepared to enter into additional competitions for business plans and innovative projects.