Impact of donor support
The Altschuler Family Fund for Innovation will support a new prize for the W. P. Carey New Venture Challenge Program for initiatives in the SaaS industry. The New Venture Challenge is a course and competition designed for ASU students, undergraduate and graduate, and their co-founders with exceptional ventures to advance a new venture concept to the next stage. Over this 8-week program, selected course participants have the opportunity to work with established entrepreneurs, venture capitalists, and faculty to further develop the core aspects of their business model and fine-tune pitch messaging culminating in a class pitch competition to secure cash funding and support.