FOR IMMEDIATE RELEASE
Phoenix, Ariz. (June 19, 2015) CampusLogic has advanced to the finalist round of the Spring 2015 Arizona Innovation Challenge competition. This bi-annual business plan competition hosted by the Arizona Commerce Authority (ACA) gives startups and early-stage companies the opportunity to win a grant award of up to $250,000.
“With Arizona pulling ahead as a hub for education technology and the Arizona Commerce Authority supporting local entrepreneurship, we feel lucky to be based here,” said CampusLogic CEO Gregg Scoresby. “To make it to the top 10 of the ACA Innovation Challenge is an honor and a privilege.”
A panel of expert judges whittled the 138 applicants to 25 semifinalists last month; from there, CampusLogic and 9 others were chosen to advance to the final round. The ACA will announce the winners later this month.
In total, the competition awards $3 million to entrepreneurs each year in an effort to stimulate growth and capital investment in Arizona. Read more about the finalists and the Innovation Challenge in the ACA’s press release here.
CampusLogic delivers SaaS solutions for colleges and universities that decrease administrative costs, lower security risk and dramatically improve the student experience. CampusLogic is transforming the way schools provide financial aid and other student services, disrupting the $41 billion higher education market with solutions that fundamentally change the way business is done. For more information, visit campuslogic.com.