Finalists Announced For The 2020 Arizona Innovation Challenge
PHOENIX, AZ (November 17, 2020) — The Arizona Commerce Authority announced today the 15 finalists that have been selected for the 2020 Arizona Innovation Challenge (AIC). The companies will advance to the next round of the business plan competition and up to ten awardees will be added to the Arizona Innovation Challenge portfolio.
The AIC is designed to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale. It’s one of the largest business competitions in the country.
“All of the companies participating in the 2020 Arizona Innovation Challenge have displayed remarkable ingenuity, tenacity, and passion about the solution their venture provides,” said Sandra Watson, Arizona Commerce Authority President & CEO. “It’s been an impressive group to watch, and we congratulate the 15 finalists on advancing to the last round of competition!”
The 2020 Arizona Innovation Challenge finalists include:
|
Company |
Industry |
Location |
|---|---|---|
|
Cerebrum |
Bio & Life Sciences |
Chandler, AZ |
|
Custom Club, Inc. |
Advanced Manufacturing |
Scottsdale, AZ |
|
Delta Thermal, Inc |
CleanTech / Renewable Energy |
Tucson, AZ |
|
EnPower, Inc. |
CleanTech / Renewable Energy |
Phoenix, AZ |
|
EscrowTab, Inc. |
IT - Software |
Tempe, AZ |
|
Journeyage |
IT - Software |
Phoenix, AZ |
|
NeoLight |
Bio & Life Sciences |
Phoenix, AZ |
|
Oryx Additive Inc. |
Advanced Manufacturing |
Tempe, AZ |
|
OZZI GOV / Ozo Development |
IT – Software |
Phoenix, AZ |
|
RVeloCITY Inc dba RVnGO |
IT - Software |
Scottsdale, AZ |
|
Schola, Inc. |
IT – Software |
Phoenix, AZ |
|
Sentinel Monitoring Systems, Inc. |
Bio & Life Sciences |
Tucson, AZ |
|
Sylvan Source, Inc. |
CleanTech / Renewable Energy |
Green Valley, AZ |
|
Televeda |
IT – Software |
Scottsdale, AZ |
|
Vyrill Inc. |
IT - Software |
San Francisco, CA |
The 15 finalists will pitch live before a panel of VC judges. After all judging rounds are complete, participants will also have an opportunity to receive a consultation with the ACA to discuss their application and other potential resources available to help improve their business plans.
Companies chosen to join the Arizona Innovation Challenge portfolio will participate in the ACA's Venture Ready Accelerator, which connects companies with serial entrepreneurs, high-level executives, and subject matter experts. Venture Ready helps startups refine their business plans, improve go-to-market execution strategies and increase investor readiness. Participants will complete a series of panels and workshops within the subsequent 12 months of the award.
Media Contact
Connie Weber, Arizona Commerce Authority, [email protected]
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter at @azcommerce.