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GREENVILLE, SC – June 30, 2010 – SCRA’s Knowledge Economy development program SC Launch has now supported over 188 companies that have secured more than $130 million in follow-on funding. The recent announcement by SC Launch Company Proterra, Inc. of an additional $30 million investment helped the program to reach new heights.

Since its inception by SCRA in 2006, and with initial funding of $12 million in SCRA earnings, SC Launch has supported and funded 188 start-ups in SC, helped draw 11 business relocation landing parties to the state, provided business services to 230 early stage technology companies in SC through a powerful Resource Network and helped position emerging South Carolina Knowledge Economy companies to secure more than $130 million in follow-on funding from angel, venture and other private capital sources. SC Launch has been recognized regionally, nationally and internationally for leadership in entrepreneurial support and technology-based economic development.

 

To read the full, original article click on this link: SC Launch Companies Total Over $130 Million in Follow-On Funding | Swamp Fox

Author:Ashley Hannah