Startups are gaining momentum throughout Arizona pretty fast, and the AZ Inno Fire Awards have been tracking the small and large innovations that these businesses are making.
This year’s Inno Fire Awards were presented by the BlueCross BlueShield of Arizona, honoring some of the most impactful, innovative, and fastest-growing businesses throughout the state of Arizona.
Many of these unique businesses are now attracting large amounts of capital from private equity firms and venture capital firms. In fact, these businesses set the funding record in 2021.
There are some major niches that Arizona is becoming known for, including biotech, proptech, edtech, and fintech, and one company soared above the rest at this year’s Inno Fire Awards.
Footprint – The Inno Fire Winner
Footprint is a company that focuses on global materials science technology. The aim of Footprint is to create a healthier planet.
Footprint took home the big win in the Inno Picks category, a category that recognizes standout startup companies on the success fast track. There were many elements that judges evaluated to determine the winner of this award, including future expansion plans, employee growth, data, funding rounds, and any major achievements over the past 12 months.
Of course, it became very clear that Footprint had some major achievements over the past 12 months.
Footprint secured the now-named Footprint Center this past year, which is the home of the Phoenix Suns and Mercury, as well as the venue for hundreds of concerts and shows that take place every single year. Footprint’s goal was to make the arena plastic-free and carbon-neutral.
The company also released a custom portfolio with several consumer studies surrounding climate change, sustainability, and plastic use. To go alongside that study, the company launched several plant-based solutions that consumers could purchase at their local supermarkets to substitute for everyday purchases.
Chris Golski, the company’s director of marketing, and Troy Swope, the company’s CEO, said that they were very honored to be the winners of this year’s award, accepting the Inno Picks win on behalf of the company.
Some of the other winners from this year’s awards included Centauri Health Solutions, Moov Technologies, Heidi Jannega of WebPT, and Gregg Scoresby of CampusLogic.
The AZ Inno Blazer Award
Gregg Scoresby from CampusLogic took home the 2022 Inno Blazer award. CampusLogic is an education technology company that is based in Chandler that started more than a decade ago.
Since then, CampusLogic has become one of the largest edtech companies in the country. The company’s main focus is simplifying finances for college students and providing unique financing options for those in need.
Ellucian, a major edtech company based out of Reston, Virginia, announced it would be acquiring CampusLogic this past January. With this acquisition taking place, Scoresby said that he will now be refocusing his time and efforts to stimulate the Arizona startup sector’s growth, advising for and investing in other startup companies.