Innegrity Receives $200,000 from SCRA’s SC Launch!October 4, 2007
GREENVILLE, SC, October 4, 2007 – Innegrity, a Greenville-based company that manufactures thermoplastic fiber, has been recently named as a Portfolio company by SC Launch!, an SCRA affiliate. SC Launch! is presenting a $200,000 check to Innegrity today at a 5:00 p.m. ceremony at High Cotton restaurant in Greenville.
Innegrity was founded in 2004 by Brian G. Morin, Ph.D. The company was recognized as a finalist for the InnoVision Technology Development Award in 2005 and received the award in 2006. Innegrity received a Small Business Innovation Research Program Matching Grant from the SC Launch! SBIR/STTR Matching Grant Program this year.
“In addition to their investment in us, the SC Launch! staff has helped us navigate the different resources available throughout the state, which has greatly accelerated our growth,” said Innegrity CEO Brian Morin. “Innegrity was the first recipient of the SC Launch! SBIR/STTR Matching Grant Program. This is a fabulous program and helps us qualify for additional programs that will help grow our business.”
In addition to its InnegraTM E and InnegraTM S fibers, Innegrity has licensed an additional technology for high purity separations from Clemson University. The InnegraTM E and S fibers are used for a variety of applications in marine, sporting goods and electrical industries. The company started its South Carolina production facility in early 2007, and has partnered with several South Carolina textile companies to develop commercial fabrics using its fibers.
“We are pleased to be a part of Innegrity’s success in South Carolina,” said SCRA CEO Bill Mahoney. “Their partnership with Clemson University provides a great example of how collaboration within the state builds the Knowledge Economy here,” he said.
The Innegrity announcement follows a series of others by SC Launch! In recent months, more than two dozen start-up initiatives across the state have
received financial support from SC Launch!
Innegrity LLC is a Greenville, South Carolina company that is dedicated to providing linear solutions to global problems. It is commercializing two “linear solutions”—fibers—for use in the marine, sporting goods and electronics industries. InnegraTM S is a high modulus thermoplastic fiber for use in the composites industry, whose benefits include light weight, toughness, and good electrical properties. InnegraTM E is a low dielectric fiber for use in high frequency circuit boards to increase the speed and efficiency of high speed electronics. For more information please visit www.innegrity.com.
SCRA is a global leader in applied research and commercialization services with offices in Anderson, Charleston, and Columbia. SCRA collaborates to advance technology with industry, government, and research universities like Clemson University, the University of South Carolina and the Medical
University of South Carolina. For more information please visit www.scra.org.
About SC Launch!
SC Launch!, an SCRA collaboration, assists entrepreneurial start-up companies with up-front counseling, seed-funding, and access to a powerful resource
network. The SC Launch! mission is to help generate knowledge economy jobs in South Carolina, enhance the state’s quality of life and provide opportunity
for all South Carolinians in the new economy. For more information please visit www.sclaunch.org.
The InnoVision Technology Awards program, founded in 1999 by Deloitte & Touche LLP USA, is dedicated to the advancement of technology in the Upstate through communication, education and recognition of the spirit of innovation and technological progress. Through its annual awards program, InnoVision
recognizes and honors Upstate businesses, individuals and organizations that have demonstrated significant advancements in these areas. For more
information about InnoVision, visit www.innovisionaward.org