BioAccel names two winners in inaugural bioscience innovation challenge

February 6, 2014

By hammersmith

Hemova Medical, a firm with a new kind of dialysis implant, and MyFuelUp, a company with a unique database to track personal health, each won $100,000 Jan. 24 in the inaugural BioAccel Solutions Challenge.

Hemova Medical won in the category of Hemodialysis, and MyFuelUp won in the category Digital Health. The competition, dubbed the “Scorpion Pit,” was judged by local investors and held at the Wrigley Mansion. Every company in the competition, including the winners, will work with BioAccel, an Arizona based non-profit whose mission is to drive economic development through the accelerated commercialization of research.

BioAccel will help the companies create improved business plans, new business opportunities, technical support, and an opportunity to re-pitch their ideas in future competitions.

For more information:

“BioAccel names winners in inaugural bioscience challenge,” Phoenix Business Journal, 1/27/14