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= Overview – A New American University <sup>3</sup> =
President Michael M. Crow has positioned ASU [http://www.asu.edu Arizona State University] as the model for a New American University. A model that measures success not by who it excludes, but by who it includes; a model that pursues research and discovery that benefit the public good and assumes major responsibility for the economic, social and cultural vitality as well as the health and well-being of the community.
[http://ui.asu.edu '''The Office of University Initiatives''' (UI) ] is a cultural catalyst at ASU. UI helps ASU meet its innovation needs by connecting ideas with people and resources to make an impact. Through collaboration with other offices and departments across the university, in addition to state, national and international leaders, UI helps to shape and realize ASU’s innovation goals. Much of UI’s work falls into five overlapping categories: advancing ASU’s New American University agenda, entrepreneurship, social embeddedness, university innovation, and education. UI is the chief advocate for entrepreneurial thinking and activity across the university.
[http://studentventures.asu.edu/ The Edson Student Entrepreneurship Initiative ] is ASU’s premier student start-up competition. This year, students can win up to $20,000 in funding, as well as mentoring and office space to advance their venture ideas. Non-profit and for-profit initiatives are both encouraged. And students have responded with a number of innovative ventures. The G3Box project focuses on converting steel shipping containers into medical grade clinics by outfitting them with the basic components of power, ventilation, potable water, and insulation to create sustainable medical clinics that address critical health needs in poor countries.
ASU has a unique two-distinct Engineering School model. [http://engineering.asu.edu/ '''''T''''']''''The '[http://engineering.asu.edu/ he Ira A. Fulton Schools of Engineering]''''' is the flagship traditional school, while the [http://innovation.asu.edu/ '''College C''ollege of Technology and Innovation''' ''] embodies the values of engaged learning, including a strong connection with industry and entrepreneurship. The hands-on approach model of the latter school requires students to build and design solutions to meet real industry needs; the model appears to be making an economic impact.
The engineering firm Honeywell, recently hired all College of Technology and Innovation students who worked on a successful airplane breaking system. Separately from that, the city of Chandler, Arizona approved a 50-year lease with the College of Technology and Innovation. The city will retrofit a building to house the College’s teaching and research programs. These programs are estimated to provide a $23.8 million economic impact in the next five years, by providing the intellectual capital for the city’s high tech companies such as Intel.