Arizona government leaders have decided to invest $40 million to fund a multi-year initiative calling for ASU to oversee an extensive effort to help ensure the state’s water supply for the future. The project will be led by the Fulton Schools and the Julie Ann Wrigley Global Futures Laboratory. It will also involve SOURCE Water, an ASU spin-out company, along with the Taiwan Semiconductor Manufacturing Company and Intel Corporation. The Arizona Water Innovation Initiative will be implemented and scaled up over five years, and draw on expertise and resources from the U.S. Bureau of Reclamation, National Science Foundation, NASA and state and local water departments and associations, as well as Arizona’s two other state universities. ASU President Michael Crow says the project comes at “a critical innovation moment for water” in Arizona and several other states in the Southwest. (Full access to the content of the Arizona Business Journal is available only to subscribers.)

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