Arizona Commerce Authority Announces the Fall 2019 Arizona Innovation Challenge Finalists
November 26, 2019
The Arizona Commerce Authority announced today that 15 finalists have been selected in its Fall 2019 Arizona Innovation Challenge (AIC). The competition is among the largest in the country and designed to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale.
“A vibrant entrepreneurial ecosystem is a key component in any healthy economy, and the finalists in this round of the Arizona Innovation Challenge demonstrate the impressive quality of startups being scaled in our state,” said Sandra Watson, President & CEO of the Arizona Commerce Authority. “Congratulations to each of the finalists and best of luck in the last round of the competition!”
The 15 Fall 2019 Arizona Innovation Challenge finalists include:
|Atlas Guides||IT – Software||Flagstaff, AZ|
|Biosensing Instrument||Bio & Life Sciences||Tempe, AZ|
|Botco.ai, Inc.||IT- Software||Scottsdale, AZ|
|Convrrt||IT – Software||Chandler, AZ|
|Dovly, Inc.||IT – Software||Phoenix, AZ|
|Emagine Solutions Technology||IT – Software||Tucson, AZ|
|EscrowTab, Inc.||IT – Software||Tempe, AZ|
|Insurmi||IT – Software||Phoenix, AZ|
|Motion Warriors||IT – Hardware||Phoenix, AZ|
|OralKleen, LLC||Bio & Life Sciences||Scottsdale, AZ|
|OTOjOY||IT – Hardware||Scottsdale, AZ|
|Radpay, Inc.||IT – Software||Phoenix, AZ|
|Reglagene||Bio & Life Sciences||Tucson, AZ|
|RexPay, Inc.||IT – Software||Phoenix, AZ|
|The Surf Network||IT – Software||Tempe, AZ|
The Arizona Innovation Challenge consists of three judging rounds, during which companies receive constructive feedback on their applications generated from the rigorous online evaluation and scoring process. Companies that move on to the final round will pitch live before a panel of 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.
Up to 10 companies are added to the Arizona Innovation Challenge portfolio following each round of the competition.
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.
About Biosensing Instrument
Biosensing Instrument, Inc. (BI) is a privately held company based in Tempe, Arizona and a technology leader in label-free molecular interaction analysis applications. The BI solutions are based on the Surface Plasmon Resonance (SPR) technology and the instruments are high performance, modular and cost-effective. They are used in academic and biopharmaceutical research for the measurement of affinity and kinetics of small molecules or biologics. Application areas include life sciences, drug discovery, antibody characterization, biosensors and electrochemistry. Information about BI can be found at www.biosensingUSA.com.
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 @azcommerce.