Innovation Challenge Finalists 2023

The 2023 Loudoun Innovation Challenge Finalists Have Been Announced

The Loudoun Economic Development Authority and Loudoun Economic Development have named the finalists for the 2023 Loudoun Innovation Challenge. This prestigious competition recognizes local companies that are pioneering new initiatives in their industries.

This year’s competition promises to be fierce, with 12 finalists vying for six grants totaling $150,000. The grand prize winner will take home $40,000, while the winner of each category walks away with $25,000 for their innovation. There’s also a $10,000 People’s Choice Award up for grabs and it’s in the public’s hands to vote for their favorite company at LoudounInnovationChallenge.com.

The 12 finalists will participate in the live pitch event on November 29th at River Creek Club in Leesburg, showcasing their ideas and competing for the top prizes. Listed in alphabetical order according to category, the finalists are:

Agri-Tech Innovation:

  • OpsSmart Global
  • Route 7 Provisions
  • Vinterra Winery Services

Clean Energy Innovation:

  • Mehrdel LLC
  • Nsmart Inc.
  • Opal Minds LLC

Highly Specialized Manufacturing Innovation:

  • Blue Vigil, LLC
  • INTALUS, INC.
  • SkyRFID, LLC

Information and Communications Technology Innovation:

  • CodeLock, Inc.
  • Measured Risk, Inc.
  • Onclave Networks, Inc

“Loudoun County is a thriving hub of innovation where entrepreneurs are encouraged and supported to bring their groundbreaking ideas to life. The annual Innovation Challenge is a testament to this vibrant ecosystem, showcasing the best and brightest minds in the region,” said Buddy Rizer, Loudoun Economic Development Executive Director. “This year’s participants are no exception, representing a diverse range of established businesses and startups, all with transformational ideas that have the potential to shape the future of their respective fields. I truly believe that these ideas will become the next flurry of #LoudounPossible success stories and our team is excited to see how these innovative ideas will perform in the next round.”

During the live-pitch event, which is open to the public, the 12 finalists will present their cutting-edge concepts to the Loudoun EDA directors. These judges represent a diverse cross-section of the county’s business leaders and economic stakeholders, providing the perfect opportunity for entrepreneurs to gain valuable exposure and feedback. Each finalist will have ten minutes to present their idea, followed by a five minute Q&A period where the judges will question the implementation and viability of each concept before scoring.

“We remain impressed with the quality of companies that submitted applications for the Loudoun Innovation Challenge,” said Bernard Mustafa, Chair of the Loudoun Economic Development Authority. “We are excited to see the list of Innovation Challenge winners grow and join past winners like Birdie Everything, Fuel & Tire Saver Systems Company, and Worm Works. No matter the outcome this year, we have full confidence that each of these finalists will continue to thrive as influential visionaries in Loudoun.”

If you have an innovative idea that you would like to bring to life and need assistance or guidance to make that happen, please visit LaunchLoudoun.com or email Loudoun Economic Development at loudounbiz@loudoun.gov.

Voting for the People’s Choice Award will remain open until 2:30 p.m. on November 29, 2023. Learn more about this year’s Innovation Challenge finalists and cast your vote at LoudounInnovationChallenge.com.