The stakes keep getting higher for the Valley’s best and brightest startup companies as they compete to win free office space alongside innovation leaders like Uber at 111. W.  Monroe in Downtown Phoenix. After receiving dozens of entries for the StartUp PHX Challenge, organizers have decided to extend the contest to Wednesday, April 15th. A top-tier panel of Phoenix-based business experts will review the applications before selecting a winning tenant that will be announced on Monday, April 23rd.

“We have received applications from some aspiring game changers in the startup world,” said Tim O’Neil of Ironline Partners. “From app developers to fashion designers,  creative entrepreneurs are ready to take the next step in growing their brands by taking physical office space and adding more employees,” he said.

The winner of the StartUp PHX Challenge will call the 12th floor of 111 W. Monroe their professional home, with a fully-furnished 1,200 square foot office space featuring panoramic city and mountain views. In addition to six free months office space, Goodman’s Interior Structures, another Phoenix-based company passionate about doing good and fueling growth, will provide a complete office furniture system.

Ownership, which includes Ironline Partners,  is delivering a best in class, amenity rich property with five star customer service, at competitive pricing. The team acquired the 50-year-old office tower in April 2014, favoring the property’s core urban location and functional configuration, which is ideal for both large corporations and small, entrepreneurial businesses.

“We love being part of the new, dynamic Phoenix CBD,” O’Neil said. “The next generation of business owners is making its mark here, and collaborative work space, with modern amenities and social environments is the new norm.”

Startups are encouraged to enter the StartUp PHX Challenge by applying online on the 111 W. Monroe website. Complete application, contest rules, details and restrictions are available at: www.111westmonroephoenix.com/startupphxchallenge