ACA

Innovative Construction Technology Winner of the Spring 2019 Arizona Innovation Challenge

ICT Tracker, installation productivity tracking app for construction awarded for innovation

Phoenix, AZ, June 21, 2019: Innovative Construction Technology (ICT), a high-growth B2B SaaS tech company focusing on construction productivity solutions, today announced as being selected one of ten awardees in the Spring 2019 Arizona Innovation Challenge in the IT Software industry category.

The Arizona Commerce Authority (ACA), the state's leading economic development organization, announced their list of companies winning the Spring 2019 challenge. This bi-annual business plan competition for promising early-stage companies in high-growth industries awards as many as ten recipients up to $150,000 in each round. The companies use the capital to grow their businesses, advance innovation and commercialize technology opportunities in Arizona. Awardees will also receive extensive mentoring and coaching through the ACA’s Venture Ready program.

Out of 94 applicants, 10 winners were chosen from the following industries: IT Software, Bio & Life Sciences, Cleantech/Renewable Energy, IT Hardware, and Advanced Manufacturing.

“ICT is pleased and honored to be a winner and to be included among other innovative companies.” Stated Tim Duncan, CEO and co-founder of ICT. “Our focus on bringing innovation to the construction industry is our passion and it is exciting to be recognized as a contributor towards that goal with our product ICT Tracker”

To learn more about the Arizona Innovative Challenge, visit their website at www.azcommerce.com

About the Arizona Commerce Authority

The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries.