CampusLogic is thrilled to announce it is one of 25 semifinalists in the Fall 2014 Arizona Innovation Challenge (AIC) bi-annual business plan competition. The company was chosen from more than 150 applicants to move forward in the competition, which awards $3 million to talented entrepreneurs each year. CampusLogic is eligible for a grant award of up to $250,000. The semifinalists were chosen by a panel of expert judges who assessed innovative startups and early stage companies on technology potential, marketing strategy, quality of management team and economic impact.[Tweet “CampusLogic is “honored to be considered among the most innovative companies in Arizona.””]
The Challenge is sponsored by the Arizona Commerce Authority (ACA). “We are honored to be considered among the most innovative companies in Arizona,” said CampusLogic CEO Gregg Scoresby. “We appreciate the ACA’s commitment to and investment in the Arizona startup community. Their contribution is one of the reasons why Arizona is a proven place for innovators and entrepreneurs to thrive.” [Tweet “The #ACA “is one of the reasons Arizona is a proven place for…entrepreneurs to thrive.””]
As a semi-finalist, CampusLogic will be considered for participation in Venture Ready, the ACA’s mentorship program that fosters connections between early-stage companies and experienced CEOs and serial entrepreneurs to further refine business plans and investor pitches.
“We congratulate the forward-thinking entrepreneurs selected as our newest AIC semifinalists,” said Sandra Watson, ACA President and CEO. “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.”
The ACA will name Challenge finalists in early January and announce the winners later the same month. This is an exciting time for CampusLogic, and we are grateful for the opportunity.
A full press release from the ACA can be found here.