Spirit of Enterprise Award

The Spirit of Enterprise Award is Arizona's premier celebration of entrepreneurship. For more than two decades, the W. P. Carey School of Business at Arizona State University has recognized businesses that positively impact our economy while exhibiting ethics, energy, and excellence in entrepreneurship.

Each fall as part of the Economic Club of Phoenix season, the W. P. Carey School honors the entrepreneurial spirit and its impact on Arizona by showcasing a locally owned and located business that is redefining what’s possible.


Winner

The 2019 Spirit of Enterprise recipient is State Forty Eight. Founded in 2013 by local entrepreneurs, Michael Spangenberg and Stephen and Nicholas Polando, State Forty Eight was born out of a shared passion and appreciation for the great state of Arizona. More than just apparel line, State Forty Eight represents a lifestyle, a sense of community and is an expression of pride.

From sports fans and outdoor explorers to the more fashion-forward, the homegrown brand offers gear for all that’s both stylish and comfortable. Above all else though, State Forty Eight is about redefining the status-quo and inspiring others to rise up and stand for something they believe in.


Award requirements

Suggest a deserving Arizona company that exhibits our hallmark traits of ethics, energy, and excellence in entrepreneurship for a Spirit of Enterprise award. The company founder does not need to be an ASU alumnus, or have any affiliation with the university to be considered.

We consider nominations based on the following criteria:

  • A for-profit enterprise
  • Incorporated, headquartered, or has a majority of its business operations in Arizona
  • A minimum of three years in business
  • Three or more full-time employees
  • Founder of company is still with company, not recently acquired by another company or sold
  • To be considered, companies must be able to demonstrate:
  • Profitability over the last three years combined (not three consecutive years)
  • Outstanding achievement in business
  • Social impact on Arizona community as a core part of business operations
  • Innovation in products, services, or operations

Submit nominations here


Alumni

The W. P. Carey School is proud to recognize previous winners of the Spirit of Enterprise Award who have harnessed the entrepreneurial spirit to make a positive impact on the economy and their communities.

Sun Devil 100

Sun Devil 100 celebrates the achievements of Arizona State University alumni who own or lead successful, innovative businesses across the globe. Spanning industries and locations, ASU entrepreneurs possess a history of enterprise, vision and leadership. This special awards program was instituted to invite these innovative leaders back to campus for a celebration in their honor. The Sun Devil Class of 2018 represents an elite group of talented business leaders who exemplify the spirit of ASU as a New American University.


Winners

The Sun Devil 100 awards program was instituted to invite innovative leaders back to campus for a celebration in their honor. Each year, Sun Devil 100 recipients represent the broader achievements of W. P. Carey alumni around the world — they are an elite group of talented business leaders who exemplify the spirit of ASU as a New American University.