AZAdvances investments in early-stage Arizona-based health innovation companies are combined with entrepreneurial support designed to support the development of their life science products and services.
Joan Koerber-Walker, President & CEO of AZBio and Chairman of the Opportunity Through Entrepreneurship Foundation, and AZAdvances Trustee Russ Yelton led a discussion on how Arizonans are collaborating to drive health innovation forward faster.
Senator Sinema lauds efforts to further fund growing internship program for Arizona students.
When you think of health innovators, do philanthropists and community champions come to mind? They should. Without the support of these amazing people, many of the treatments and cures we have today, and the ones we still need to develop, would not be realized.
Anivive, a biotech company that uses technology to redefine animal health, was the winning bidder for Triumph at the 2023 Stallion Stampede. Proceeds from Triumph’s sale benefit scholarships provided by the Scottsdale Rotary Foundation and internships organized by AZAdvances.
The Arizona Health Innovation Trust Fund (AHIT) was created by statute in 2022 and established under the Arizona State Treasurer’s Office (ASTO) with the State Treasurer as trustee. In 2023, Arizona’s elected leaders have the opportunity to capitalize AHIT as part of the FY2024 budget process. This investment in Arizona’s future continues the process that the Senate, House, and Governor began in 2022.
On December 29, 2022, the State Board of Investment approved the contract with the Opportunity Through Entrepreneurship Foundation to deliver the programs that AHIT supports through AZAdvances.
