PROPEL, dedicated to increasing the number and success rate of early-stage life sciences companies in Illinois, announced on April 19 at the 2016 Innovation Showcase on Day 1 of iBIO IndEx that NovaScan won the 2016 PROPEL Business Plan Competition. Over 300 community members watched Craig Davis, CEO of NovaScan, give the winning presentation to life sciences financial investor judges. PROPEL awarded NovaScan a $15,000 cash prize at the end of Tuesday’s event. Congratulations to Craig and the entire NovaScan team!