PHOENIX, AZ--(Marketwire - Mar 7, 2013) - Immediately following a celebration of its 20 inaugural "High Tide" startup competition semi-finalists, Tallwave (www.tallwave.com) formally announced the six entrepreneurs selected to advance as finalists. A standing-room-only event was hosted last evening at DIRTT Environmental Solutions, a creator of award-winning interiors with modular architectural solutions for industries including corporate, government, education and healthcare.
Each High Tide finalist is set to receive a cash grant of $15,000 for use in company operational expenses and an additional $35,000 in scholarships for either "Product Market Fit" or "Go To Market" services from Tallwave -- the nation's first "commercializor" for entrepreneurs and their startups. Tallwave services are designed to provide entrepreneurs the tools, resources and know-how to launch successfully, take their products to market faster and commercialize their businesses, with less risk.
"As we applaud these finalists for their innovation and leadership, we congratulate all of the High Tide participants for their exemplary work, passion and enthusiasm," said Jeffrey Pruitt, founding partner and CEO, Tallwave. "We created High Tide to discover the next generation of innovators and market leading companies in Arizona, the Southwest, and across the country. Our goal is to match the best entrepreneurs and businesses with the talent and capital they need to build their companies, and to match investors with vetted entrepreneurs and validated deal flow to encourage follow-on investment in the region -- something that has been a challenge until now."
High Tide finalists are:
Videos of these six finalists can be viewed at:
The remaining previously announced High Tide semi-finalists are:
- Fit Sponsors (Scottsdale, AZ); Go Dēhp (Phoenix, AZ); GxStream (Burbank, CA); Likely Products (Scottsdale, AZ); Localotto (Phoenix, AZ); NuYeek (Tempe, AZ); Obelus Media (Phoenix, AZ); Renovation Planners (Culver City, CA); Shop In Spa (San Diego, CA); SMART Loyalty Programs (Mesa, AZ); REIN (Scottsdale, AZ); Sunsonix (Phoenix, AZ); Viidya (Phoenix, AZ), and WitnessTree (Glendale, AZ).
Video of all 20 semi-finalists can be viewed at:
Tallwave also extended thanks to its sponsors and community partners for their incredible support of High Tide:
Sea Level: BMO Financial Group, CenturyLink Business, Cassidy Turley, Phoenix NAP
Patron: APS, The Biltmore Bank of Arizona, CliftonLarsonAllen, Comercia Bank, Grand Canyon University, HR Betty, IDS Technology Marketing, Perkins Coie, Silicon Valley Bank, USI Insurance Services
Supporting: Arizona Technology Council, DIRTT, Greater Phoenix Chamber of Commerce, Weiss Brown
"At DIRTT, our business is all about environmental sustainability in the construction and development of business interiors," said Mogens Smed, CEO and founder of DIRTT Environmental Solutions. "The High Tide competition is about building sustainable companies. The fact that we share Tallwave's commitment to creating sustainable innovation for business owners is what drew us to support the High Tide program, and we're excited to see the entrepreneurs in this program realize their dreams."
Tallwave is a commercializor.
Headquartered in Scottsdale, AZ, with offices in San Francisco and Los Angeles, the company creates and maximizes commercial success and shareholder value for entrepreneurs and investors by validating, scaling and managing early-stage and growth ventures with a hands-on approach.
The combination of Tallwave's proprietary lean Business Blueprint™ system for product and company validation, its unique Operator Model™ for resource development and management, and the pre-seed through series A capital Tallwave provides, sets the company apart from incubators, accelerators and venture capital firms whose business models limit the range of resources they provide.
For more information about Tallwave, visit www.tallwave.com or call 602-840-0400.