202301 Dec

Arizona Commerce Authority Announces Awardees For The 2023 Arizona Innovation Challenge

Summary

The AIC, a program launched by the ACA in 2011, aims to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale.The 10 companies will be added to the Arizona Innovation Challenge portfolio and participate in the Venture Ready Accelerator, another program of the ACA, connecting companies with serial entrepreneurs, high-level executives, and subject matter experts. The 2023 awardees were selected from an initial pool of 100 applicants in August, which were narrowed down to 30 semifinalists in October, and then 15 finalists in November.We couldnt be prouder of all of the startups participating in this years challenge, said Sandra Watson, President and CEO of the Arizona Commerce Authority. The AIC spotlights the amazing talent and passion of Arizonas brightest entrepreneurs, making for an incredibly competitive event each year. Congratulations to all of this years winners and participants and we look forward to continuing to support Arizonas innovative startups.Since 2011, 130 startups from over 2,700 applicants have been selected as AIC awardees. Previous AIC Awardees include successful startups like CampusLogic, Paradox, GT Medical Technologies, Trainual, botco.ai, and Ampcera.Now that the judging rounds are complete, all AIC applicants will 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.To learn more about the 2023 AIC Awardees, click HERE.About the Arizona Commerce AuthorityThe Arizona Commerce Authority (ACA) is the states leading economic development organization with a streamlined mission to grow and strengthen Arizonas economy.

Source: Azcommerce

Funding

$150K
Amount
Dec 01 2023
Date
-
Investor
AlgoFace
Company

Classifications

Companies