Leading Venture Development Group in Arizona Kicks Off Nationwide Search for the Most Promising Healthcare IT Startups
September 10, 2013 —
SCOTTSDALE, AZ — (Marketwired) — 09/10/13 — As entrepreneurs from across the country begin vying for spots in Tallwave’s Healthcare IT focused “High Tide” startup competition, Arizona industry leaders are praising the initiative as a potential economic development tool and a deal vetting and validation resource for the investment community. A self-described “commercializor,” Tallwave is known for its ability to build value for startups and help them grow rapidly, while minimizing risk for entrepreneurs and their investors.
With its first vertical High Tide, Tallwave is searching for the best healthcare IT companies to showcase Arizona’s emergence as a global leader in health and wellness innovation. The program will drive more healthcare IT startup development in the region, and provide funding opportunities and market access to the most promising entrepreneurs from across the country.
Photos and videos of Tallwave’s High Tide startup competition are available at http://www.tallwavehightide.com/.
The High Tide program delivers $500,000 in services and cash to select participants who advance through the six month program with Sopris Capital acting as an advisor to its fund. These entrepreneurs and their startups proceed through rigorous validation, acceleration and commercialization bootcamps, move-the-needle competitions and local, regional and national investor pitches in “pass/fail” scenarios.