|By Business Wire||
|July 9, 2014 02:52 PM EDT||
SCRA Technology Ventures’ SC Launch program presented two big checks to Upstate companies KIYATEC and CampusConnectr at a networking event held at the Clemson University ICAR campus last night. The ceremony honored the companies and commemorated the investments, originally announced in November.
CampusConnectr addresses student engagement and retention, and was designed “by students for students.” Through two systems, the company allows university students to engage with their institution and with each other – providing them with the news feeds, campus information and functional apps that students care about. It is free to the students and the schools they attend and is a closed program only available to current students.
KIYATEC specializes in providing advanced, 3D cell-based assays and diagnostics with superior physiologic relevance for more accurate predictions of patient response to drugs. KIYATEC's Greenville offices and labs are co-located with the Institute for Translational Oncology Research (ITOR) Clinical Research Unit on the main campus of the Greenville Health System, the 13th largest public hospital system in the United States.
“We were delighted to present CampusConnectr and KIYATEC with big checks last night,” said SCRA CEO Bill Mahoney. “These two upstate companies are bringing innovative technologies to South Carolina, growing our Knowledge Economy. We look forward to many future partnerships and successes.”
About SCRA and SCRA Technology Ventures
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the Knowledge Economy in South Carolina. This SCRA business sector provides support and mentoring through its flagship SC Launch program to early stage, start-up technology companies. Since 2006, SCRA has deployed around $79 million in funding and infrastructure to support 290 high-tech, early-stage enterprises and has directly invested over $18 million in South Carolina start-ups, attracting in private investment. SCRA Technology Ventures also supports commercialization and growth by facilitating the transfer of intellectual property and accelerating the transition of inventions to the marketplace and 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.
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