incubation, ranking 17th. UBI reviewed 550 universities and associated business incubators from around the world using an assessment framework that takes more than 50 performance indicators into consideration. As an example, one of ASU's spin-offs (Heliae Development, LLC) raised more than $28 million in venture capital in 2013 alone. In June 2016, ASU received the Entrepreneurial University Award from the Deshpande Foundation, a philanthropic organization that supports social entrepreneurship and innovation.
The university's push to create various institutes has led to greater funding and an increase in the number of researchers in multiple fields. ASU Knowledge Enterprise (KE) advances research, innovation, strategic partnerships, entrepreneurship, economic development and international development. KE is led by Sally C. Morton. KE supports several interdisciplinary research institutes and initiatives. Other famed institutes at ASU are The Institute of Human Origins, L. William Seidman Research Institute (W. …
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