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Winners: Arizona Innovation Challenge

WINNING THE ARIZONA INNOVATION CHALLENGE

5:30 PM – Networking 
6:30 PM - What is the Arizona Innovation Challenge and
Meet the Winners


Join Arizona's entrepreneurs, business and community leaders as we celebrate success! MITEFPHX provides an exclusive opportunity for you to meet and learn from the Arizona Commerce Authority's Arizona Innovation Challenge first 2011 winners, the recipients of a portion of $1.5 million from the State of Arizona to speed development and the commercial launch of promising technology.

The winners are: 

  • BioVidria, Inc.

  • ColnaTec LLC

  • HJ3 Composite Technologies, LLC

  • MSDx, Inc.

  • Sedona Energy Labs

  • Surgical Tools

  • TruckItNow/Post.Bid.Ship

  • Sunsonix 

THE PROGRAM

The winning proposals showed each company’s ability to attract investment, create wealth and employment. The event was hosted by James Goulka, Managing Director of Arizona Technology Investor Forum (ATIF). The Arizona Commerce Authority (ACA) leaders shared insights about the Arizona Innovation Challenge program and how winning companies were selected. Participants had the opportunity to meet with members of the ACA, including Don Cardon, CEO, Sandra Watson, COO and Brian Sherman, Director of Business Development. They will answer important questions including:

  • How do you enter the competition?  
  • What are the qualifications?  
  • What key factors do the advisors look for in the submission review process?  
  • Beyond funding, what the other benefits offered to the winners?  
Each of the winners of Arizona's Innovation Challenge will share their current pitch and highlight how they plan to use the funds to advance their organizations.  

“The Arizona Commerce Authority is committed to the success of Arizona’s entrepreneurs and small technology ventures. We’re funding innovators that will bridge the gap between Research & Development and commercial launch of new technologies.  We are proud to be able to fund such innovative technology. This gives Arizona another step up as we compete with today’s global technology industry.”  -- Don Cardon, President and CEO of the ACA.

Over 100 companies’ submitted proposals the review committee selected the final eight winner in March. Each winner receives between $100,000 and $250,000. For information about the program, visit: www.azinnovationchallenge.com.