Click to View in Browser | January 15, 2021
SCRA Contributes Almost One Billion Dollars to South Carolina’s Economy
SCRA announced that its impact on the state of South Carolina was over $952 million in 2020. Each year, SCRA calculates its economic variables such as jobs supported, salaries, grant funding, and investments made, then works with the University of South Carolina Darla Moore School of Business, which analyzes the data and determines the overall economic impact to the state’s economy. The results of the study are included in SCRA’s recently published 2020 Annual Report: A Year Like No Other, A Response Like No Other. Read more.
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.

The deal represents an enterprise value of $1.6 billion for Proterra and includes $415 million from investors Daimler Trucks, Franklin Templeton, Fidelity Management & Research Co. and funds and accounts from BlackRock, among others, according to a statement. It’s expected to close in the first half of 2021 subject to approval by ArcLight Clean’s shareholders. Read more.
Sprockets Raises $3.4 Million to Bring Artificial Intelligence to the Hourly Workforce
Sprockets, an SC Launch Portfolio Company, announced a $3.4m venture raise, allowing them to further drive innovation in the hourly workforce and empower their customers to hire applicants that are the precise fit for their needs. Read more.
SC Launch Portfolio Company featured on the SC Business Review Radio Show
Nick Black, CEO of GoodUnited, an SC Launch Portfolio Company was recently featured on the South Carolina Business Review. Host Mike Switzer and Nick discuss how GoodUnited beginning in 2015, our next guest’s for helped its nonprofit clients raise over $500,000,000 through social media and email. Read more and listen to the interview.
JAN 26 @11:00 a.m.
SC Launch and Learn: Change Management. Learn more.
FEB 16 @9:00 a.m.
SCBIO 2021: South Carolina Life Sciences' Annual Meeting. Learn more.
NASA: Countdown To Success Supplier Summit and STEM Experience. Learn more.