HJ3 Wins the 2012 Arizona Innovation Challenge: Paving the Way for Cleantech Advancements
On Tuesday, May 15th, the Arizona Commerce Authority (ACA) proudly announced the winners of the Spring 2012 Arizona Innovation Challenge. Out of a pool of over 300 entrants, HJ3 Composite Technologies emerged as one of the six victorious companies. The ACA allocates $3 million annually to the most promising technology ventures participating in the Arizona Innovation Challenge, with individual awards ranging from $100,000 to $250,000. These grants aim to provide crucial support for burgeoning businesses, fostering their growth and innovation.
HJ3 stands honored as one of the three cleantech companies recognized this spring and holds the distinction of being the only company to receive the award two consecutive years. The 2011 Innovation Grant had a significant impact on the company's growth trajectory. HJ3's CEO, Jim Butler, emphasized the grant's role in accelerating their product launch and expanding their team, which contributed significantly to their growth.
With the newly secured 2012 grant, HJ3 will continue its work to commercialize its latest offering, FireSeal. Jim Butler expresses the company's gratitude and their commitment to giving back to the community as they further their growth.
The AIC grant program is the largest of its kind in the nation, with the Arizona Commerce Authority aiming to establish it as a hub for innovation and economic growth in the state. Arizona has already been recognized as the 10th best state in the country for business, and these initiatives aim to expedite its ascent in the years to come.
HJ3 Composite Technologies, L.L.C., headquartered in Tucson, AZ, boasts the most comprehensive line of strengthening products globally. Their solutions fortify and safeguard structures against earthquakes, blasts, and environmental damage at a fraction of the cost of replacement. HJ3's systems outperform competitors by 40%-50% per ply, offering superior resistance to chemicals, abrasion, temperature, and even fire. Over the past decade, HJ3 has emerged as the premier provider of structural strengthening systems for commercial, industrial, and residential applications. To discover more, please contact us at info@hj3.com or Toll-free (U.S.) at 1-877-303-0453.
