Programs: ARIZONA INNOVATION CHALLENGE

Welcome to the Arizona Innovation Challenge

 

Know How Arizona proves it’s the best state in the country for innovation? A $3 million reality check.

The Arizona Innovation Challenge (AIC), powered by the Arizona Commerce Authority, awards the most money in the country for a technology commercialization challenge – $3 million ($1.5 million twice yearly) to the world’s most promising technology ventures. Awards range from $100,000 to $250,000 per company.

The results? A big-time investment in the most talented entrepreneurs. Bringing to market products that are literally changing the way the world works. Driving wealth and job creation for the state of Arizona.

Are you up for the Challenge?

The buzz is building. The world is watching. Your time is now.

 

Innovation _az

Innovation
in Arizona

Arizona is a proven hot spot for innovators and entrepreneurs to start, expand and thrive. Join us.

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About Us-AZ Innovation Challenge

ABOUT

The business plan competition awards qualified, innovative start-up and early stage companies capital to grow their business in Arizona.

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Apply-AZ Innovation Challenge

APPLY

Does your company have what it takes to win the Arizona Innovation Challenge?

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Awardess AZ Innovation Challenge

AWARDEES

Hear what previous winners have to say about their awards – anywhere from $100,000 to $250,000 per company.

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FAQ AZ Innovation Challenge

ANSWERS (FAQS)

Have questions? Check out the top questions and answers here.

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Arizona ARIZONA INNOVATION CHALLENGE: In The News

Silicon Valley Bank Continues Expansion in Arizona

• 07.30.2014

California-based Silicon Valley Bank today announced its continued expansion in Arizona, with the addition of 250 jobs at its Tempe corporate operations over the next three years. Additionally, the company has committed to lend or invest $100 million to tech and life science companies based in Arizona over the next five years.

Weebly Opens North American Customer Operations Headquarters in Scottsdale, Arizona

• 06.4.2014

Weebly, a global service that lets everyone create a high-quality website, has signed a 25,000-square-foot office lease in Scottsdale, Ariz., for the company’s North American customer operations headquarters. Weebly plans to bring more than 250 new positions to the city over the next three years.

From the ACA Blog

Fostering business expansion in Arizona

Mar 13, 2014
T.J. Jennings, Vice President, Capital Strategies, Arizona Commerce Authority 

Arizona actively engages its entrepreneurs with strategic programs to assist in their expansion. The Arizona Innovation Accelerator Fund (AIAF) program is one example of this strategic support. The AIAF program provides debt financing to expanding Arizona businesses that need resources to capitalize on market opportunities.

Innovation in the "Silicon Desert"

Feb 6, 2014
Pat Sullivan, Co-Founder & CEO • Contatta

I love Entrepreneurs. I love Arizona. And I absolutely love Arizona entrepreneurs. The Arizona Commerce Authority (ACA) is one of the reasons Arizona is ranked first in the nation for entrepreneurial activity. The ACA has a three-pronged approach of “recruit, grow, create,” and though Contatta supports everything the ACA is doing, it’s in their efforts to “grow” and “create” that Contatta and the ACA are most closely aligned.

Arizona Success Stories

Arizona Innovation Challenge Winner: Clear Demand

Arizona Innovation Challenge Winner: Recoleta

Arizona Innovation Challenge Winner: Photon