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The 2020 Arizona Innovation Challenge Awardees Announced

 

PHOENIX, AZ (December 3, 2020) — The Arizona Commerce Authority (ACA) announced today the 10 companies awarded in the 2020 Arizona Innovation Challenge (AIC).

 

The awardees join the AIC portfolio in one of the largest business plan competitions in the country, designed to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale.

 

“The Arizona Innovation Challenge attracts talented, innovative entrepreneurs in every competition, and this year was no exception,” said Sandra Watson, President & CEO of the Arizona Commerce Authority. “We congratulate the 2020 awardees and look forward to the continued development of their cutting-edge technologies!”

 

The 2020 Arizona Innovation Challenge awardees are:

Company

Industry 

Location

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

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

 

The awardees will participate in the ACA's Venture Ready Accelerator, which connects companies with serial entrepreneurs, high-level executives and subject matter experts. The program 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.

 

The 10 awardees were selected from 15 finalists announced earlier this month.

 

A total of 127 applications were received for the 2020 competition. Companies located anywhere in the world may apply, as long as they plan to establish operations and commercialize their product or service in Arizona if they are awarded an AIC grant.

 

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.