Finalists Announced For The 2020 Arizona Innovation Challenge

 

PHOENIX, AZ (November 17, 2020) — The Arizona Commerce Authority announced today the 15 finalists that have been selected for the 2020 Arizona Innovation Challenge (AIC). The companies will advance to the next round of the business plan competition and up to ten awardees will be added to the Arizona Innovation Challenge portfolio. 

 

The AIC is designed to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale. It’s one of the largest business competitions in the country.

 

“All of the companies participating in the 2020 Arizona Innovation Challenge have displayed remarkable ingenuity, tenacity, and passion about the solution their venture provides,” said Sandra Watson, Arizona Commerce Authority President & CEO. “It’s been an impressive group to watch, and we congratulate the 15 finalists on advancing to the last round of competition!”

 

The 2020 Arizona Innovation Challenge finalists include: 

Company

Industry 

Location

Cerebrum

Bio & Life Sciences

Chandler, AZ

Custom Club, Inc.

Advanced Manufacturing

Scottsdale, AZ

Delta Thermal, Inc

CleanTech / Renewable Energy

Tucson, AZ

EnPower, Inc.

CleanTech / Renewable Energy

Phoenix, AZ

EscrowTab, Inc.

IT - Software

Tempe, AZ

Journeyage

IT - Software

Phoenix, AZ

NeoLight

Bio & Life Sciences

Phoenix, AZ

Oryx Additive Inc.

Advanced Manufacturing

Tempe, AZ

OZZI GOV / Ozo Development

IT – Software

Phoenix, AZ

RVeloCITY Inc dba RVnGO

IT - Software

Scottsdale, AZ

Schola, Inc.

IT – Software

Phoenix, AZ

Sentinel Monitoring Systems, Inc.

Bio & Life Sciences

Tucson, AZ

Sylvan Source, Inc.

CleanTech / Renewable Energy

Green Valley, AZ

Televeda

IT – Software

Scottsdale, AZ

Vyrill Inc.

IT - Software

San Francisco, CA

 


The 15 finalists will pitch live before a panel of VC 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.

 

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.

 

Media Contact

Connie Weber, Arizona Commerce Authority, conniew@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: 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.