Three SC Launch® Companies Recognized at New Ideas SC Business Contest
November 11, 2009CHARLESTON, SC – November 11, 2009 – SC Launch congratulates three Midlands SC Launch companies who participated the in New Ideas SC competition as part of the Small Business Innovation Summit & Expo at Trident Technical College in Charleston last week:
Alala Designs, a Columbia-based company who designs independence and provides support and supplies for post surgical cancer clients, earned the second place award of $1,000 in the Bio-Science category for ‘Sock-On’, a lower extremity compression garment donning device.
Quintesocial won a second place award of $1,000 in the IT/Software category for their proprietary software and network architecture which supports the next evolution of social networking tools. The company offers private label software for social networking as well as their own public brand, targeted to baby boomers, which is expanding to 100 U.S. cities.
NuQool CEO Lew Wayburn entered the contest in the engineering category with his idea for an advanced flywheel energy storage system that maximizes the life of batteries. He was one of 47 finalists out of 300 total entrants in the statewide competition.
Alala Designs, Quintesocial and NuQool are all USC Columbia Technology Incubator companies.
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.
SCRA is a global leader in applied research and commercialization services with offices in South Carolina, Ohio and in the Washington, D.C. area. SCRA collaborates to advance technology, providing technology-based solutions with assured outcomes on behalf of industry, government, and research universities in SC, the US and globally.