RAYMOND — The Regional Economic Development Center named the five finalists in its Granite State Growth Competition, a statewide business pitch competition with a grand prize of $25,000.

The finalists are: BIG INK of Newmarket, Cyborg of Manchester, NH Tap of Jaffrey, TrueProp Software of Durham and YouScheduler of Durham. The companies will present their final pitches at REDC’s 25th anniversary celebration on May 9, when the winner will be announced.

“We could not be happier with the quality and diversity of applicants we received for this competition,” said Laurel Adams, president of REDC, in a news release. “These leaders truly embody the thriving entrepreneurial spirit in New Hampshire. We look forward to celebrating the successes of all of our competitors — whether or not they walk away with the $25,000 prize — at our 25th anniversary event next month.”

The Granite State Growth Competition started with more than 30 applicants. After participating in several rounds of pitching and narrowing down the number of competitors, a panel of judges, featuring economic development experts and entrepreneurs, selected the five finalists.

BIG INK, located in Newmarket, is expanding the practice of woodblock printing to both hobbyists and professional artists. It sets up temporary print shops at partner sites, including museums, universities, art centers and galleries, and selects artists to participate.

Cyborg, located in Manchester, is a mobile fitness platform that uses activity equalizing algorithms to create athletic metrics designed to optimize virtual competition. Users can track and log workouts on the app and earn points to compete with others.

NH Tap, located in Jaffrey, designs and builds filtration products, offering water purification solutions that include whole-home treatment installation and smart tap water.

TrueProp Software, located in Durham, creates solutions for the marine propulsion industry. The company’s flagship software product, TrueProp, works with existing inspection equipment for marine propellers and guides the operator through the propeller inspection and repair process.

YouScheduler, located in Durham, simplifies and centralizes data across universities by providing a single platform to maximize efficiency and cross-department communication. The application allows students to plan their weekly schedules based on classes, personalized breaks and preferences.

The five finalists will compete May 9 at Birch Wood Vineyards in Derry. The anniversary celebration will begin at 5 p.m.; tickets are available for $25. The Granite State Growth Competition pitches will begin promptly at 7 p.m.; tickets for this part of the event are available for $10. Tickets can be purchased at https://redc25.eventbrite.com.

For more information about the Granite State Growth Competition, visit redc.com/granitestategrowthcompetition.