Tag Archives: HiringSolved

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ACA names Arizona Innovation Challenge semifinalists

The Arizona Commerce Authority (ACA) today announced 25 semifinalists in its Fall 2014 Arizona Innovation Challenge (AIC), a bi-annual business plan competition awarding $3 million annually to talented entrepreneurs.

Each year, the ACA awards – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage companies. Recipients receive up to $250,000 in capital to grow their businesses, advancing innovation and technology commercialization opportunities in Arizona.

“We congratulate the forward-thinking entrepreneurs selected as our newest AIC semifinalists,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “Arizona’s engagement with early-stage companies through its suite of targeted programs continues to spur growth, technology commercialization and capital investment within Arizona’s innovation ecosystem. With more than 1,200 applications received for the AIC since 2011, the program continues to be among the many opportunities available to innovators which have made Arizona a top hub for entrepreneurial activity and startup success.”

The 25 Fall 2014 Arizona Innovation Challenge Semifinalists include:

• Adosia, LLC, IT – Software, Tempe, AZ
• Allbound, IT – Software, Scottsdale, AZ
• Cactus Semiconductor, Advanced Manufacturing, Chandler, AZ
• CampusLogic, IT – Software, Gilbert, AZ
• Crowd Mics, IT – Software, Mesa, AZ
• Dermspectra, LLC, Bio & Life Sciences, Tucson, AZ
• Energy Conservation Mgmt., Cleantech/Renewable Energy, Scottsdale, AZ
• EZ Dump Commercial, Advanced Manufacturing, Phoenix, AZ
• HiringSolved, IT – Software, Chandler, AZ
• Iris PR Management, IT – Software, Phoenix, AZ
• Iron Horse Diagnostics, Inc., Bio & Life Sciences, Scottsdale, AZ
• MWI Laboratories, Advanced Materials, Tempe, AZ
• Next Alternative, Inc., Cleantech/Renewable Energy, Chandler, AZ
• Numa Tactical Eyewear, Advanced Materials, Phoenix, AZ
• NuvOx Pharma, Bio & Life Sciences, Tucson, AZ
• Park Genius, IT – Software, Tucson, AZ
• PoG Technologies, LLC, Cleantech/Renewable Energy, Peoria, AZ
• Pure Chat, IT – Software, Scottsdale, AZ
• RightBio Metrics, Bio & Life Sciences, Scottsdale, AZ
• Salutaris Medical Devices, Inc., Bio & Life Sciences, Tucson, AZ
• Sentinel Internet Systems, IT – Software, Phoenix, AZ
• Smart Service Desk, IT – Software, Chandler, AZ
• Spotlight Software, IT – Software, Peoria, AZ
• Universal Bio Mining, Bio & Life Sciences, Tucson, AZ
• Zero Shock Seating, Advanced Manufacturing, Chandler, AZ

A panel of expert judges evaluated 154 applications from the Fall 2014 AIC submitted by companies based in Arizona, California, Colorado, New Mexico, Ohio, West Virginia, and Virginia. The judges assessed each application on a set of criteria including technology potential, marketing strategy, quality of management team and economic impact. These companies represent high-value industry sectors that include IT software, IT hardware, bio and life sciences, cleantech/renewable energy, advanced materials, advanced manufacturing, and aerospace and defense.

Every applying company that meets the AIC’s eligibility requirements will receive constructive feedback generated from the rigorous online evaluation and scoring process. All semifinalists also will be considered for participation in Venture Ready, the ACA’s mentor program that connects early stage companies with high-level CEOs to further refine business plans and investor pitches.

The ACA will name its Fall 2014 Arizona Innovation Challenge finalists in early January and the winners later that same month.

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Biltmore Bank Sponsors Start-Up Competition

Biltmore Bank of Arizona, a premier community bank headquartered in Arcadia along the Camelback Corridor that is focused on the needs of the small and medium-sized business, announced that it has joined Tallwave, a lean business accelerator and venture management firm also located in Scottsdale, for the first-ever “High Tide” Start-Up Competition.  High Tide is focused on commercializing new sustainable ventures in Arizona by bringing validated companies to willing and motivated capital sources.

“High Tide is the only startup competition in the Southwest, applying lean business and design validation principles to identify, develop and commercialize rapid-growth startups,” said Jeff Gaia, CEO and president of the Biltmore Bank of Arizona. “Through our sponsorship of this innovative program, we believe we can help connect the entrepreneurial ecosystem in Arizona as well as assist startups in becoming become viable, scalable and sustainable growth companies.”

Thus far in the competition, High Tide has selected and celebrated 20 companies throughout the Southwest to participate in its “Phase One: Validation” program, which examines viability of each venture. Six of these 20 companies have since been announced as finalists and have now moved to the “Phase Two: Acceleration” program, which assesses product-market fit and go-to-market commercialization.

The finalists – four of whom are from Arizona – are:
Convrrt from Chandler
Creative Allies from Santa Monica, California
GreenRx from Denver, Colorado
HiringSolved from Chandler
LocalWork.com from Phoenix
SaveOnCouriers.com from Phoenix

Each High Tide finalist will receive a cash grant of $15,000 for use in company operational expenses and an additional $35,000 in scholarships for either “Product Market Fit” or “Go To Market” services from Tallwave. There is no cost to entrepreneurs selected to participate in the High Tide program. For more information, visit www.TallwaveHighTide.com.

“As a High Tide sponsor, Biltmore Bank has visibility into Arizona’s most exciting and promising startup and early-stage ventures,” said Jeffrey Pruitt, Tallwave chairman and CEO. “Entrepreneurs need the help of community leaders such as Biltmore Bank and we applaud their support of the next captains of industry.”