Arizona State spin-out EndoVantage is taking home the prize money from the Arizona Innovation Challenge.

EndoVantage, a medical device modeling software startup, is one of six to win the Arizona Innovation Challenge. It will receive $250,000 in grant funding.

The Arizona Innovation Challenge is organised by the Arizona Commerce Authority, the state government’s economic development agency. This year, 135 companies applied.

EndoVantage’s success is the latest in a recent series. The startup has also been selected for Arizona State University’s Edson Student Entrepreneur Initiative, which includes $20,000 in seed funding and office space at the university’s innovation centre. It has also been accepted into IBM’s Softlayer Incubator, and in 2013 won $100,000 in grant funding from the Centre for Individualised Medicine at Mayo Clinic and the Office of Knowledge Enterprise Development at Arizona State University.

The company’s technology allows healthcare professional design endovascular treatment strategies that are personalised to each patient before surgery. It also lets medical device companies simulate new devices during product design and avoid costly prototypes and defects.

The technology is based on research by David Frakes and Haithem Babiker at the university’s Image Processing Applications Laboratory.

David Frakes, chief science officer and associate professor at the School of Biological and Health Systems Engineering, and School of Electrical, Computer, and Energy Engineering, said: “Ultimately, the EndoVantage technology will lead to better medical devices, and better use of those devices in the clinic to save patients’ lives.”