ARIZONA COMMERCE AUTHORITY ANNOUNCES FINALISTS IN THE SPRING 2019 ARIZONA INNOVATION CHALLENGE

PHOENIX, AZ (June 6, 2019) — The Arizona Commerce Authority (ACA) announced today finalists have been selected to advance to the final round of the Arizona Innovation Challenge, the agency’s business plan competition for promising early-stage technology companies in high-growth industries.

The 15 finalists were selected from among 25 semifinalists. Up to ten companies will ultimately be chosen for awards up to $150,000 in capital to grow their businesses, advancing innovation and technology commercialization opportunities in Arizona. The competition is held by the ACA in the spring and in the fall.

“Companies that are advancing life-changing technologies continue to scale in Arizona’s entrepreneurial ecosystem,” said Sandra Watson, President & CEO of the Arizona Commerce Authority. “Congratulations to the Spring 2019 finalists on advancing to this stage of the competition!”

The 15 Spring 2019 Arizona Innovation Challenge finalists include:

Awardees will receive extensive mentoring and coaching from high-level CEOs through the ACA’s Venture Ready Program. In order for the awardees to receive all of their grant funding, they will be required to successfully graduate from Venture Ready within 12 months.

This article first appeared in Arizona Commerce Authority on June 6, 2019. To read the full article, click here.