More than 100 startup technology companies applied for the Arizona Commerce Authority’s Innovation challenge, but only eight received money – and six of those are in Tucson.
Out of the $1.5 million awarded statewide, Tucson companies received just over $1 million to help bring their technology closer to commercialization.
The grant is designed so that the companies must have a product ready by the end of September.
Tucson companies receiving the grants:
1. MSDx Inc.
2. Biovidria Inc.
3. HJ3 Composite Technologies
6. Surgical Tools