SUMMERVILLE, S.C.--As part of its ongoing mission to foster high-tech economic growth in South Carolina, SCRA’s SC Launch program today announced the acceptance of Columbia-based REsimplifi, Inc. into the program as a client company. Lowcountry company Jericho, Inc. and Florence-based SiMT were accepted into the Resource Partner Network.
Client companies are accepted into the SC Launch economic development program to receive mentoring and other support services. Accepted companies may also be eligible to receive matching grant funds or investments. Resource Partners provide business support services to SC Launch Client Companies.
REsimplifi is a process and document management system for Commercial Real Estate agents and brokers that automates administrative tasks, reduces time consuming paperwork, tracks critical dates and creates a standard for progressing through a transaction. The Midlands-based company is affiliated with the University of South Carolina’s Columbia Technology Incubator.
Jericho, Inc. is a small business specialist who provides: outsourced CFO services, accounting, bookkeeping and platform integration for financial software. The Charleston company also works to grow the topline of companies through sales strategies, business development, product commercialization and email marketing. Finally, with ties to the capital community in Charleston and throughout the East Coast, the company assists with capital raises, help securing equity and debt investments and crowdfunding campaigns.
Southeastern Institute of Manufacturing and Technology (SiMT) supports the development of business through technical expertise and advanced manufacturing solutions for clients. With state-of-the-art manufacturing equipment and core competencies in Additive Manufacturing & Rapid Prototyping, Advanced Machining, Interactive Production Studio, Social Media Listening Center and Advanced Design Engineering, SiMT can assist companies from the prototype stage of product production to larger product runs.
“We are delighted to welcome these companies to the SC Launch program as part of our ongoing mission to grow South Carolina’s high-tech economy,” said SCRA CEO Bill Mahoney. “We look forward to each company’s impact on the state’s technology ecosystem.”
About SCRA Technology Ventures
SCRA Technology Ventures enables research commercialization and promotes the development of high tech industries, enhancing South Carolina’s technology-based economy. Through its flagship SC Launch program, this SCRA business sector makes investments in and offers support services to South Carolina’s early stage, start-up technology companies.
Multiple economic impact studies show SCRA's cumulative output on South Carolina's economy to be over $19.5 billion, and that the company has helped create approximately 15,000 technology-related jobs in the state, with annual wages averaging between $55,000 and $77,000.