BioAccel Solutions Challenge names winners

June 1, 2015

By brianpowell

bioaccel2Startup companies TinyKicks won $75,000 and Omni BioCeutical Innovations will get $60,000 in health care innovation funding from BioAccel’s Solutions Challenge, where the two startups competed against other local entrepreneurs in the second annual “Scorpion Pit” competition.

TinyKicks, which is developing technology to advance healthy pregnancy outcomes, will use the money to conduct a research study. Omni, which offers human translational stem cell/growth factor-based skin and hair care product lines, will receive early-stage funding.

NeoLight and EpiFinder, two student entrepreneur teams, will receive up to $15,000. NeoLight is developing equipment that treats jaundice in babies while EpiFinder provides clinical decision support technology to neurologists for diagnosing epilepsy.

BioAccel launched the Solutions Challenge, and its Scorpion Pit competition based on the TV show “Shark Tank,” in 2014 to help create a start-up ecosystem. The local investors, called “Scorpions” agree to fund up $50,000. BioAccel agrees to match the investment and provides mentorship to the companies.

And the winners of BioAccel’s Scorpion Pit challenge are… /Phoenix Business Journal

Five health firms endure BioAccel’s ‘scorpion pit’ competition/Phoenix Business Journal

$150K awarded in BioAccel Solutions Challenge/AZ Business Magazine