SCRA ANNOUNCES INVESTMENTS
Summerville, S.C. – SCRA’s SC Launch Board finalized three investments for SC Launch Client Companies. Fort Mill-based P2Ops as well as Charleston-based Good Done Great and PEC360 all received investment approvals.
P2Ops received a $200,000 investment from SC Launch for commercialization of their product, TV TOC Box. The product is an ergonomically engineered protective carrier for televisions. Applying the same concept used to protect mobile phones, the TV TOC Box protects the television so users can enjoy watching it at their favorite tailgating event or outdoors. The company was accepted into the SC Launch Program in Spring of 2016 and will use the funding to continue research and development as well as prepare for product launch, utilizing local resources.
PEC360’s customer relationship management (CRM) platform has created a unique approach for healthcare organizations to identify, manage and engage patients with healthcare needs. The company has established footholds in South Carolina, Florida and Georgia. They plan on being in every state in the Southeast and then nationwide within the next few years. PEC360, which is located in North Charleston, was accepted into the SC Launch Program in 2011. This $200,000 investment will be their second round of funding.
Good Done Great creates philanthropy platforms for donors that range from individuals to Fortune 500 companies. The company was one of the first certified Benefit Corporations, or B Corps, and has helped process over $500 million in donations. Located in North Charleston, the company was accepted into the SC Launch Program in 2015 and plans to use its second $200,000 investment from SC Launch to launch the product into a new target market.
“These companies are creating unique products in South Carolina that are garnering national attention. SCRA is proud to support their growth,” said SCRA Executive Director Bob Quinn.
The SC Launch program is SCRA's entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences industries.
Chartered in 1983 by the State of South Carolina, SCRA fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.