On The Move
Four SC Launch Companies Named 2012 Innovision Finalists
Sep 6, 2012
ProTerra,Inc., Climax Global Energy, Inc., VidiStar, LLC and Zike, LLC Potential Award Winners
GREENVILLE, SC - September 6, 2012 -SCRA Technology Ventures' flagship SC Launch program today announced that four of its Upstate companies have been named finalists for this year's InnoVision Technology Awards. ProTerra, Inc., Climax Global Energy, Inc., VidiStar, LLC and Zike, LLC are among the 19 finalists. The award winners will be announced at the InnoVision Technology Awards program on September 25, 2012, 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 InnoVision Technology Awards have become the mark of distinction for outstanding leadership, innovation and technological excellence in the Upstate of South Carolina.
"This honor reinforces the quality of companies that are coming through the Innovation Pipeline in South Carolina," said SCRA CEO Bill Mahoney. "Our SC Launch program was established to support South Carolina businesses, helping them commercialize innovative technologies and ultimately create and sustain high-paying, technical jobs across the state. These finalists are positively impacting South Carolina's economy and improving lives through their state-of-the-art technologies, and we congratulate them on achieving this milestone."
About SCRA Technology Ventures and SC Launch
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the Knowledge Economy throughout South Carolina. It provides support and mentoring to early stage, start-up companies through the sector's flagship SC Launch program- contributing $59 million to support over 277 early-stage, high-tech companies and investing over $13 million in South Carolina start-ups. SCRA Technology Ventures also invests in more established companies to support commercialization and growth, facilitates the transfer of intellectual property and accelerates the transition of inventions to the marketplace.
Multiple economic impact studies show SCRA's cumulative output on South Carolina's economy to be over $14 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.