Semifinalists Are Announced for the ACA Innovation Challenge
Winners to be selected in the coming weeks
PHOENIX, AZ (February 4, 2011) — The “Top 25″ have 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
- Solar Pool Technologies, Inc.
- 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.
Nicole McTheny, Arizona Commerce Authority, (602) 845-1231, email@example.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 at @azcommerce.