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Share Name | Share Symbol | Market | Type |
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Avnet Inc | NASDAQ:AVT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.99 | -2.03% | 47.88 | 47.86 | 47.94 | 49.36 | 46.60 | 46.60 | 151,304 | 15:23:12 |
Avnet Innovation Lab to provide $250,000 in grants to technology visionaries
Avnet, Inc. (NYSE:AVT), a leading global technology distributor, in partnership with Arizona State University (ASU) and its Ira A. Fulton Schools of Engineering, is now accepting applications for the next class of entrepreneurs for the Avnet Innovation Lab. Launched in May 2016, the lab was created to spur economic growth and help aspiring technology entrepreneurs accelerate their ideas and take their inventions to the next level. Applications for the next Avnet Innovation Lab will be accepted through November 14, 2016 and are accessible at Avnet Innovation Lab.
With the Avnet Innovation Lab, entrepreneurs can leverage the expertise of one of the largest technology distributors in the world – Avnet, and the university ranked #1 in innovation in the U.S. – Arizona State University. Avnet Innovation Lab participants are awarded grants from a $250,000 donation provided by Avnet. They also receive personal consultation from experts in technology distribution, supply chain management and next-generation technologies throughout the 12-18 month program. This consultation helps participants reach the next phase in the innovation process. Participants also have access to dedicated lab space in the Ira A. Fulton Schools of Engineering building on the ASU Tempe, Ariz. campus.
Avnet Innovation Lab Successes:
The next class of entrepreneurs will join the successful ranks of Avnet Innovation Lab participants, who have created revolutionary technologies for today’s high-growth industries including retail, hybrid automotive solutions, security and chemical safety. Hear directly from today’s lab participants.
Executive Quotes:
“The Avnet Innovation Lab is one of the many exciting ways we’re driving innovative thought in technology and providing the support needed to bring new products to market,” said MaryAnn Miller, senior vice president, chief human resources officer and corporate marketing & communications for Avnet, Inc. “Our first four lab participants have set a high bar, and the combination of funding and hands-on engagement with industry experts is delivering solid results.”
“All of those involved in the Avnet Innovation Lab share a passion for invention,” said Dr. Cody Friesen, founder and chairman of the Avnet Innovation Lab Advisory Council, ASU Associate Professor and CEO of Zero Mass Water. “As the journey progresses with the next generation of entrepreneurs, we’re seeing firsthand the creation of things that never existed before; technologies that never were, now are. Our next round of performers will build upon this legacy, and we’re looking forward to supporting an even broader range of innovative technology ideas that will make the world a better place.”
Click to Tweet: .@Avnet & @ASU offer $250,000 in funding to selected #tech entrepreneur applicants who join the #AvnetInnovationLab http://avnet.me/labapp
Follow Avnet on Twitter: @AvnetJoin Avnet on Facebook: http://www.facebook.com/AvnetIncConnect with Avnet on LinkedIn: http://www.linkedin.com/company/avnetRead more about Avnet via our blog: http://blogging.avnet.com/
About Avnet, Inc.
From components to cloud and from design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology by providing a comprehensive portfolio of innovative products, services and solutions. Avnet is a global company ranked on the Fortune 500 with revenues of $26.2 billion for the fiscal year 2016. For more information, visit www.avnet.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160921005434/en/
Avnet, Inc.Maureen O’Leary, 480-643-7499Maureen.OLeary@avnet.comorIra A. Fulton Schools of Engineering, Arizona State UniversityTerry Grant, 480-727-4089Theresa.Grant@asu.eduorBrodeur Partners for Avnet, Inc.Marcia Chapman, 480-308-0284mchapman@brodeur.com
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