PRESS RELEASE October 7, 2022
Serva Energy has been selected as a semi-finalist by the Arizona Commerce Authority for the 2022 Arizona Innovation Challenge.
Designed to advance opportunities in Arizona for innovation and technology commercialization, the Arizona Innovation Challenge helps early-stage ventures scale. As one of 30 companies selected as a semi-finalist, Serva Energy will advance to the next round of competition.
“Choosing 30 semifinalists from over 80 exciting applicants for this year’s competition was a challenging task,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Companies applying for this competition continue to impress us with their unique solutions and services. Congratulations to each of the semifinalists and good luck in the next round!”
Video credit: Deanna Dent
A driver of nuclear technology innovation, Serva Energy is focused on advancing next-generation nuclear materials with promising application in the clean energy and health care sectors.
“We are excited and honored to be among this year’s semi-finalists at the Arizona Innovation Challenge,” said Dr. Sarah Jones, Vice President of Serva Medical, a unit within Serva Energy. “Arizona is a great place to lay the groundwork for innovation in biomedicine and clean energy, and we are grateful for the immense support provided by this event — the largest business plan competition in the country.”
Established in 2011, the Arizona Innovation Challenge has helped Arizona become one of the best states to launch and scale new ideas and business models.