HillSouth Joins SCRA Technology Ventures as Resource Partner
April 21, 2015
SUMMERVILLE, SC – SCRA Technology Ventures announced the acceptance of two new companies into the SC Launch Program and one into the Resource Partner Network. Charleston-area company ToleRaM Nanotech and Upstate company Purilogics were recently accepted as client companies and Florence-based company HillSouth is now a member of the Resource Partner Network.
Client companies are companies that are accepted into the SC Launch economic development program to receive mentoring and other support services. These companies may be eligible to receive matching funding or larger investment funds. Members of the Resource Partner Network offer their services to SC Launch companies and include: legal advice, banking, consulting, training and human resources support.
ToleRaM Nanotech merges bioengineering with medicine to marry transplant organs to their new bodies by synthesizing nanoparticles to package anti-rejection medications and specifically target the transplanted tissues, ultimately reducing organ rejection. The Charleston-area company won the 2014 Bioprocess International Award for Emerging Company.
Purilogics is a provider of advanced separation technologies for the biopharmaceutical industry. The Greenville-based company develops products that enable biopharmaceutical manufacturers to increase production capacity and simultaneously lower the cost of biologics, which are a class of drugs in high demand for treating such severe and chronic conditions as cancer and cardiovascular and rheumatoid diseases.
HillSouth is an innovative, Florence-based IT consulting firm focused on delivering proactive support, cloud computing services and outstanding local customer service to small and medium-sized businesses with an emphasis on delivering secure computing environments meeting the unique needs of the burgeoning health IT sector. The company’s president, Robby Hill, started the company as a high school student and is currently a Councilman at the City of Florence, where he led the launch of a new business incubator in the revitalized downtown.
“We welcome these new companies to the SC Launch program and our Resource Partner Network,” said SCRA CEO Bill Mahoney. “We look forward to working with these innovative businesses and their technologies, and helping them as they make important contributions to South Carolina’s high-tech economy.”
About SCRA Technology Ventures
SCRA Technology Ventures enables research commercialization and promotes the development of high tech industries, enhancing South Carolina’s technology-based economy. Through its flagship SC Launch program, this SCRA business sector makes investments in and offers support services to South Carolina’s early stage, start-up technology companies.
Multiple economic impact studies show SCRA’s cumulative output on South Carolina’s economy to be over $18.1 billion, and that the company has helped create approximately 15,000 technology-related jobs in the state, with annual wages averaging between $55,000 and $77,000.
