Launch Overview

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® Helping build South Carolina’s Knowledge Economy An SCRA Collaboration

description

Overview of SC Launch capabilities.

Transcript of Launch Overview

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®

Helping build South Carolina’s Knowledge Economy

An SCRA Collaboration

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Launch circle w/ univs

A Collaboration Among SCRA and South Carolina’s Research Universities

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Advanced Materials and Fibers

Alternative Energy

Automotive

Life Sciences / Biotechnology / Biomedical

Engineering and Chemicals

Related Information Technology and Software

Technology Sectors

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Innovation Pipeline

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Innovation Pipeline

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Innovation Pipeline

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Innovation Pipeline

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Innovation Pipeline

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Innovation Pipeline

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Innovation Pipeline

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Measuring Success

High-performance knowledge economy firm creation

Job creation (professional and research & development jobs above the prevailing wage rate)

Linkages between universities and private industry (e.g. spin-outs, spin-offs, tie-backs, etc.)

Client companies funded

Follow-on financing of SC Launch! companies

Financial return on equity and loan investments in SC Launch! companies

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50,000,000dollars in follow-on funding secured by SC Launch! companies

77,000average salary (in dollars) of jobs created

162members of the Circle of Innovation

116companies that have received some form of funding

65companies currently receiving support

Results to Date

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35innovation prizes awarded to inventors

12demonstration projects funded

9SBIR/STTR matching grants awarded

5research and development landing parties

Results to Date

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“SC Launch! has legitimized us through their due diligence process and has better positioned us to angel investor groups, venture capital firms and to people throughout the region.”

Marty Lefkowitz, CEO - DigitalDerm

“By working with the SC Launch! program, Sabal is able to take this technology to a broader marketplace. The relocation to South Carolina was a strategic move.”

Bill Park, CEO and President - Sabal Medical

“The financial infusion from SC Launch! has enabled us to accelerate our product development, patent protection and FDA testing activity while we raised $3.5 million from our private equity funding for continued growth.”

Steve Johnson, CEO - CreatiVasc Medical

“SC Launch! has been particularly valuable through the University Grant they awarded us. This provided working capital for equipment, raw materials and other operating costs so vital to a start-up.”

Chuck Pringle, SensorTech Inc., CEO

From our Client Companies

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Join the Circle of InnovationJoin the Circle of Innovation

Dollar-for-dollar SC tax credit for contributions to the

Industry Partnership Fund

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Visit www.sclaunch.org