Notes from the CEO

Most Innovative Product in California

Last Wednesday, Innovate North State held the 3rd Annual Sierra Nevada Innovation Challenge at California State University at Chico. The categories were Healthcare and Medical Technology, CleanTech/Consumer Services, Agriculture & Food, and two Web/IT categories – data storage, cloud and saa, and Web/Mobile, Ecommerce, Consumer Web or Web 2.0. Two of the esteemed judges were from Five Star Bank: Mike Rizzo for the CleanTech/Consumer Products Category, while Marcy Sutcliffe judged on the panel for the Agriculture and Food category. As the entrepreneurial bank that supports emerging business and agriculture, we were honored to help judge.

The companies were competing for “Most Innovative Product in California,” the event is an opportunity for these companies to be noticed by angel and venture capital investors, and gain visibility they would otherwise not have. The companies had six minutes to present their products to the judges and explain how their product/service is or will solve a problem in people’s lives, environment or industry. These were the finalists.

AG & FOOD: Silk Road Soda Company

HEALTHCARE: Incrediwear

WEB/IT: Work Truck Solutions

WEB/IT: 2 Audio Tag

Clean/Consumer: Intuitive Motion

Ultimately, the “Most Innovative Product in California was Intuitive Motion. When asked what set them apart from a judge’s perspective, Rizzo said, “Good presentation, potentially large market, and a cool product.”

South Placer

6810 Five Star Blvd.
Suite 100
Rocklin, CA 95677
916.626.5000
rocklin@fivestarbank.com

Rancho Cordova

3100 Zinfandel Drive
Suite 100
Rancho Cordova, CA 95670
916.851.5440
rancho@fivestarbank.com

Sacramento

2400 Del Paso Road
Suite 100
Sacramento, CA 95834
916.640.1500
natomas@fivestarbank.com

Elk Grove

9355 E. Stockton Blvd.
Suite 160
Elk Grove, CA 95624
916.714.2444
elkgrove@fivestarbank.com

North Valley

358 Hartnell Avenue
Suite B
Redding, CA 96002
530.223.6652
redding@fivestarbank.com

Chico

426 Broadway
Suite 203
Chico, CA 95928
530.592.0470
chico@fivestarbank.com