Arizona Center for Innovation and Tech Launch Arizona Startup Companies in Statewide Competition
Three startups that have participated in business development programs of the Arizona Center for Innovation (AzCI) and Tech Launch Arizona have been selected to take part in Venture Madness, an annual pitch competition. Emagine Solutions Technology, Reglagene and Codelucida have been selected as part of the 24 most promising startups across the state of Arizona.
Emagine Solutions is a technology company that delivers mobile ultrasound imaging technology. Emagine Solutions founders are currently working with AzCI to form and develop their business, execute funding and investment strategies, as well as strategies to launch their products into the market.
Reglagene is a biotech company that fights cancer by leveraging Quadruplex Master Switch Technology to create new medicines that regulate gene expression. Reglagene founders were mentored through Tech Launch Arizona moving their technology through the commercialization process to successfully launch their business. Reglagene is currently part of AzCI which provides access to the Tech Park’s specialized facilities which allows companies to work concurrently on their prototypes and business strategies.
Codelucida is developing novel error-correction solutions for solid-state and hard-disk drives to empower the future of storage with enhanced speed, reliability, and lower power usage. The Codelucida founder was mentored through Tech Launch Arizona and AzCI taking a technology concept through the commercialization process and launching a business into the market while securing investment and advancing the business strategy.
The competition starts with selected presenting companies grouped into four distinct categories. The companies are chosen by a selection panel to advance to the live-demo portion of the contest, held January 29-30, 2018 at Galvanize Phoenix. There they have the opportunity to win cash prizes and network with the region’s most active angel and accredited investors. One winner from each category will receive a $10,000 cash prize for their business and a chance to take home an additional $10,000 grand prize. Venture Madness is presented by Invest Southwest in partnership with the Arizona Commerce Authority.
AzCI provides a structured business development program that assists technology companies through a series of workshops, seminars and networking events. The companies also receive individual coaching from mentors experienced in technology innovation, product development and business management. AzCI is a unit of Tech Parks Arizona. Tech Parks Arizona creates the “Interactive Ground” that generates, attracts and retains technology companies and talent in alignment with the research, mission and goals of the University of Arizona (UA). Tech Parks Arizona directs the UA Tech Park, the UA Tech Park at The Bridges and the Arizona Center for Innovation, placing the highest priority on recruiting companies desiring connectivity to the University of Arizona. Tech Parks Arizona is part of Tech Launch Arizona (TLA), an office of integrated teams creating an ecosystem of invention and commercialization throughout Arizona and beyond.
