Cancer Prevention Pharmaceuticals (CPP), a Desert Angels portfolio company, received a $229,875 grant from the Arizona Innovation Challenge. CPP was the only life sciences company to win the challenge. In addition, five other Arizona start-ups from other fields received grants ranging from $170,000 to $250,000. Another Arizona Innovation Challenge will occur in the fall.
Read more about CPP’s win: http://www.azbio.org/cpp-arizona-innovation-challenge-winner
Read more about the challenge: http://www.azcentral.com/arizonarepublic/business/articles/2012/05/15/20120515start-ups-get-state-innovation-grants.html