Five Companies, One Resource Partner to Present at the November Event
GREENVILLE, SC -SCRA Technology Ventures announced that five of its SC Launch companies and one resource partner have been named finalists for this year’s InnoVision Technology Awards. ActivEd, Barber Wind Turbines, Health Sciences of South Carolina, ISI Technology, Recovr, Inc. and VRM Labs are in the running for an award this year. The winners will be announced on November 11th at the InnoVision Technology Awards dinner, presented by McNair Attorneys.
Since its inception in 1999, the InnoVision Technology Awards recognize and honor Upstate businesses, individuals and organizations that have demonstrated significant advancements in the areas of innovation and technological progress. The awards have become the mark of distinction for outstanding leadership, innovation and technological excellence in the Upstate of South Carolina.
“We are delighted to have five SC Launch companies and one Resource Partner up for awards this year,” said SCRA CEO Bill Mahoney. “This honor confirms the excellence and caliber of the S.C. innovation landscape and its companies. These finalists have a strong impact on South Carolina’s Knowledge Economy through their state-of-the-art technologies, and we congratulate them on their nominations.”
About SCRA Technology Ventures
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the Knowledge Economy throughout South Carolina. This SCRA business sector provides support and mentoring to early stage, start-up technology companies through its flagship SC Launch program. Since 2006, SCRA has deployed over $81 million in funding for entrepreneurs and infrastructure to support over 290 high-tech, early-stage enterprises. SCRA has directly invested over $19 million into the program’s top 71 South Carolina start-ups, attracting over $301 million in add-on private investment. The sector also supports commercialization and growth by facilitating the transfer of intellectual property and accelerating the transition of inventions to the marketplace.
Multiple economic impact studies show SCRA’s cumulative output on South Carolina’s economy to be over $16.6 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.
About InnoVision Awards Program
The InnoVision Awards Program, founded by Deloitte in 1999 and presented by McNair Law Firm, P.A., is South Carolina’s premier organization dedicated to the advancement of technology in the state through communication, education and recognition of the spirit of innovation and technological progress.
For 16 years, The InnoVision Awards have become the mark of distinction for outstanding leadership, innovation and technological excellence. As the only awards program of its kind, InnoVision Awards distinguish businesses, individuals and educators who set new standards for innovation in finding, developing and retaining profitable business.