GREENVILLE, S.C.--(BUSINESS WIRE)--SCRA Technology Ventures today announced that four of its SC Launch companies received top recognitions at the InnoVenture Awards Dinner this week. ActivEd, ISI Technology, Recovr, Inc. and VRM Labs each won InnoVision Awards at the event, held in Greenville, S.C. Dr. Larry Gluck of Greenville Health System (GHS) received the Townes Lifetime Achievement Award. Gluck is a recipient of SCRA’s Knowledge Economist Award for his tremendous support of many SC Launch companies and for his partnership with SCRA through GHS’s Institute for Translational Oncology Research.
The InnoVision Technology Awards, presented by McNair Attorneys, honors companies and individuals by presenting awards in the following areas: Technology Development, Technology Application, Education, Community Service, Sustainability, Small Enterprise and the Townes Lifetime Achievement Award. Since its inception in 1999, the InnoVision Technology Awards recognize and honor Upstate and Midlands 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 South Carolina.
“We congratulate our four SC Launch companies on winning 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 are delighted that they have been recognized for their efforts.”
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 $83 million in funding for entrepreneurs and infrastructure to support over 300 high-tech, early-stage enterprises. SCRA has directly invested nearly $20 million into the program’s top 74 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. Additionally, SCRA Technology Ventures invests in more established technology companies through its Stage 2 affiliate.
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.