05 June 2017
Celebrating Innovative Companies

Nevada State Bank was proud to be a presenting sponsor for the 2017 Las Vegas Business Press State of Nevada Innovation Awards. At his first-ever event, held on May 20, the Business Press honored companies that have devised unique ways to improve Nevadans’ lives today and create better solutions for the challenges of tomorrow. Here are just a few of the companies honored at this inaugural event:

Innovation in the Air

Allegiant Air, a Las Vegas-based carrier, has an innovative spirit that starts with its unique business model. While most airlines concentrate on serving business travelers, Allegiant focuses on linking travelers in small and mid-sized cities to leisure destinations like Las Vegas. Flights are scheduled around weekends, when tourists are most likely to travel.

Beginning with one aircraft and one route in 1999, the company has grown to more than 80 aircraft and 300 routes across the country. Innovative technology tools developed in-house have contributed to Allegiant’s success, including software with the ability to implement fees for checked baggage, and mobile boarding pass scanners in every airport it serves.

Another Allegiant innovation aims to help address the anticipated industry-wide shortage of experienced pilots. Agreements with local carriers such as Grand Canyon Scenic Airlines allow newer pilots to get the flight hours and training they need before moving on to employment with Allegiant.

Allegiant is in the process of transitioning to an all-Airbus fleet, and marked a key milestone in that process by welcoming the first of 12 brand new Airbus A320ceo aircraft in May. Through a competitive request for finance proposals, Allegiant chose Nevada State Bank to finance the plane. “Nevada State Bank is excited to play our role in Allegiant Air’s history by serving as their financial partner in the purchase of the new Airbus 320ceo,” said Alan Fitzhugh, SVP/corporate banking for Nevada State Bank. “It’s one of the great things about our job… watching our clients succeed and grow.”

Innovations in Cancer Research

Comprehensive Cancer Centers of Nevada, a physician-owned practice with 14 locations in the Las Vegas Valley, provides several types of diagnostic and therapeutic services, including immunotherapy, chemotherapy, breast surgery and CyberKnife robotics surgery. As an affiliate of the US Oncology Network, CCCN is able to offer both experimental and established treatments and therapies.

An innovator in the field of cancer-fighting medicine, CCCN participates in more than 170 clinical studies each year. It is affiliated with the Community Clinical Oncology Program, established by the National Cancer Institute to conduct clinical trials and introduce the newest clinical research findings and procedures to the local medical community.

“It is such an honor for all of us at Comprehensive Cancer Centers of Nevada to receive the Innovation Award in Cancer Research. Our physicians have participated in and conducted clinical research trials for more than 20 years and have helped develop more than 60 FDA-approved cancer therapies,” said Jon Bilstein, executive director of Comprehensive Cancer Centers of Nevada. “Research is how we advance medicine in oncology and provide additional treatment options for our patients.”

Nonprofits Innovate to Serve Nevadans

Grant a Gift Autism Foundation, the largest organization in Nevada serving families with autistic children, was recognized for the innovative way its founder, Lynda Tache, started her own nonprofit when she realized that there wasn’t a group devoted solely to helping autistic children like her son, Grant. It now helps more than 8,000 children and young adults, providing services from diagnosis all the way through job training. In a partnership with UNLV’s School of Medicine, it recently opened the Ackerman Center for Autism and Neurodevelopment Solutions, where funds donated by Nevada State Bank helped finance its Treatment and Research Wing.

The National Council of Juvenile and Family Court Judges was also honored for innovation. This Reno-based 501(c)3 nonprofit organization seeks to improve the lives of families and children involved with the family and juvenile justice system. It serves more than 30,000 professionals across the U.S., providing judges, courts and related agencies with the knowledge and skills they need to assist families served by the court system.

WVC (formerly the Western Veterinary Conference) is a Las Vegas-based nonprofit organization that has been providing education to veterinary professionals since 1928. Its Oquendo Center facility includes a theater, flexible meeting space, and clinical and diagnostic laboratories. WVC has hosted more than 1,000 veterinary and human medical events, training over 23,000 veterinary professionals and nearly 24,000 medical doctors and surgeons.

Congratulations to all the innovative Nevada companies honored at the 2017 Las Vegas Business Press State of Nevada Innovation Awards.

[Photo: Micah Phillips, EVP/Marketing Director for Nevada State Bank, and Alan Fitzhugh, SVP/corporate banking, arrive in Florida for an event celebrating Allegiant Air’s purchase of a new aircraft financed by Nevada State Bank.]


The information provided is presented for general informational purposes only and does not constitute tax, legal or business advice. Any views expressed in this article may not necessarily be those of Nevada State Bank, a division of ZB, N.A.


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