GET Interactive receives $200,000 in funding from SCRA’s SC Launch!® at InnoVision Forum
COLUMBIA, SC – July 17, 2008 – The InnoVision Forum will be held today at 3:00 p.m. at the Hilton Hotel, 45 W. Orchard Park in Greenville. This panel discussion is valuable to both start-up companies and established businesses. The InnoVision Forum is hosted by Tatum, presented by McNair Law Firm and its Founding Sponsor Deloitte®. The Forum is designed to provide insight into the perceptions and expectations in finding funding sources.
Topics will include:
• Angel capital
• Venture capital
• Small business loans
• Corporation structure
• Growing a successful business
• Funding expansion into new markets
• Business plan success factors
Panelists will discuss items that their organizations look for in regard to the topics. Attendees will have the opportunity to ask questions.
Members of the panel are:
• Bank of America – Brian L. Hungerford
• The Capital Corporation – E.L. Mont
• McNair Law Firm, P.A. – Jim Price
• SC Launch! – Greg Hillman
• Tatum – Carl Donnelly
• Upstate Carolinas Angel Network – J.B. Holeman
“McNair is committed to assisting the state of South Carolina grow its businesses and is excited to be the Presenting Sponsor for INNOVISION and its Technology Forums. Through recognizing and highlighting innovation and our South Carolina companies, we are raising awareness that South Carolina is a great place to do business.” Doug Kim is the IPF Chair Innovision and Chair of the Intellectual Property Group of McNair Law Firm, P.A.
At the conclusion of the InnoVision Technology Forum at 5:00 p.m., SCRA affiliate SC Launch! will hold a “big check” ceremony for GET Interactive., co-hosted by NEXT, the portal to entrepreneurial support organizations serving high impact technology ventures in the Upstate . SC Launch! has identified GET Interactive as a promising South Carolina start-up company and is assisting the company with a seed-capital investment, ongoing mentoring and SC Launch! Resource Network services.
“We are proud to be a part of GET Interactive’s success as they grow in South Carolina,” said Bill Mahoney, SCRA CEO. “SC Launch’s work with GET fulfills the SCRA and the SC Launch! mission to generate Knowledge Economy companies and jobs in South Carolina by promoting applied research, product development and commercialization programs,” Mahoney said.
SC Launch! has provided 53 companies with seed funding in the form of grants, loans or equity investments and provided counsel and support to more than 80 start-ups. The average salary of jobs created to date by these start-ups is $77,000. Additionally, SC Launch!-supported companies have to date secured more than $42 million in follow-on venture capital and private equity financing.
About GET Interactive (www.getinteractive.tv)
GET Interactive’s innovative model enables online entertainment content, accessed by Internet or through mobile devices, as an opt-in platform for consumers to immediately discover, identify, browse and purchase the products they find desirable. GET delivers a turnkey solution linking a brand’s promotion, production placement and e-commerce to deliver a complete customer experience.
About SCRA (www.scra.org)
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.
About SC Launch (www.sclaunch.org)
SC Launch!, an SCRA affiliate, 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.
About INNOVISION Technology Awards
INNOVISION and its awards program is a leader in driving South Carolina’s the state’s new economy. Its mission is to honor and highlight organizations and individuals that develop or apply technological innovation and to advance technical collaboration and innovation among organizations and individuals. The 2008 Awards Dinner will be held on November 91, 2008 at the Carolina First Expo Center in Greenville. For reservation or more information, please contact Juli Bradley at [email protected]
SC Launch! ™ is a trademark of SC Launch!, Inc. SCRA® is a registered trademark of SCRA.