The Arizona Innovation Challenge (AIC), one of the largest business plan competitions in the country, is designed to advance innovation and technology commercialization opportunities in Arizona by assisting early-stage ventures to scale.
Donor Name: Arizona Commerce Authority
State: Arizona
County: All Counties
Type of Grant: Program
Deadline: 08/11/2025
Size of the Grant: $10,000 to $100,000
Grant Duration: Less than 1 Year
Details:
Funding Information
AIC awardees receive a minimum $50,000 of non-dilutive funding and three months of customized support with an ACA Entrepreneur-in-Residence.
Grant Period
12-week hybrid accelerator that will prepare startups for funding.
Eligibility Criteria
To participate, please ensure your company meets the following criteria:
- The company must be a for-profit SaaS company with a Minimum Viable Product (MVP).
- The company must have at least two (2) but no more than twenty-nine (29) employees. The two employees must be full-time and non-administrative.
- The company may not have more than $10,000,000 in net assets at the time of application.
- The company Founder must embrace Founder-led sales.
- The company must have a minimum of $5K in monthly recurring revenue (MRR).
- The company must be located in Arizona or must establish principal business operations in the state within 12 months of the time the grant award is made and commit to invest its capital and create jobs in Arizona for the following five (5) year period.
For more information, visit ACA.