SCRA Produces Over One Billion Dollar Impact on South Carolina’s Economy
SCRA marked a strong year in 2021. The impact on South Carolina’s innovation economy was over a billion dollars. The total amount includes jobs supported, the salaries of Member and Portfolio Companies, grant funding to companies and academic institutions, and investments made by its affiliate, SC Launch Inc. SCRA’s economic impact was recently published in its annual report, ScaleUP SC. Read more.
New Orleans Wins Silver Anvil Award Using Portfolio Company's Technology
SC Launch, Inc Portfolio Company Citibot developed an AI-powered tool that’s behind the Orleans Parish Communication District winning a Silver Anvil Award from the New Orleans Public Relations Society of America (PRSA) chapter. The tool, called AI Chatbot, is an AI-powered web and text chat solution. The parish won the award for its excellent social media communications strategy promoting the “JAZZ” AI Chatbot Launch. Read more.
Portfolio Company's Pandemic Pivot Featured by Inc. Magazine
When Harold Hughes entered the first quarter of 2020, he had big plans. His audience-analytics company was rolling out to additional live-events venues, and he was projecting $1 million in sales for the year.
Then Covid came, and anything related to live events went into a hard pause. It was time, he decided, to pivot.
Bandwagon Fan Club had already been through one major pivot since its launch in 2014. It sold a product to ensure the right tickets got into the right hands on the secondary market, helping sports teams protect home-team advantage by making sure fans had a good time.Read more.