Semifinalists Are Announced for the ACA Innovation Challenge

Semifinalists are Announced for the ACA Innovation Challenge

Winners to be selected in the coming weeks

PHOENIX (February 4, 2011) The “Top 25″ has been selected as competition narrows for the ACA’s Arizona Innovation Challenge. Beginning early next week, the ACA will award $1.5 million to companies creating jobs in Arizona for innovators in renewable energy and sustainability, bio and life sciences, electronics, information technology, aerospace and defense, and advanced manufacturing.

“The ACA is dedicated to enhancing Arizona’s global competitiveness and accelerating the pace of discovery, innovation and technology and business development,” said Don Cardon, ACA President and CEO.”We are committed to the success of Arizona’s small business community.”

The “Top 25″ semifinalists in alphabetical order:

  • Avelis, LLC
  • BioVidria, Inc.
  • Calimmune, Inc.
  • Colnatec, LLC
  • Cancer Prevention Pharmaceuticals, Inc.
  • Eco-Edge, LLC
  • Energy Derived, LLC
  • Environmental Technology Solutions, LLC
  • HJ3 Composite Technologies, LLC
  • Kutta Radio, Inc.
  • MaxQ Technology, LLC
  • MC Power Systems, LLC
  • Medipacs, Inc.
  • MSDx, Inc.
  • PathoGene, LLC
  • PureTech Systems, Inc.
  • QuantTera, LLC
  • Sedona Energy Labs, LLC
  • Sokikom
  • Solar Pool Technologies, Inc.
  • SunSonix
  • Surgical Tools, LLC
  • TruckitNow, Inc.

*Two of the selected companies wish to remain anonymous

The proposals were screened by an advisory panel from both the public and private sectors. Applications were narrowed to 25 from 108 total applicants. Winners will be notified in early February and each one will receive between $100,000 and $250,000. For more information on the semi-finalists visit www.azinnovationchallenge.com.

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Media Contact:

Nicole McTheny, Senior Vice President, Communications and Marketing

Arizona Commerce Authority

602.845.1231 or nicolem@azcommerce.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: recruit, grow, create – recruit out-of-state companies to expand their operations in Arizona; work with existing companies to grow their business in Arizona and beyond; and partner with entrepreneurs and companies large and small to create new jobs and businesses in targeted industries. Visit AzCommerce.com for more.