MRO Magazine

SCRA Technology Ventures Announces New Companies

May 19, 2015
By Business Wire News


SCRA Technology Ventures today announced the acceptance of four new companies into its SC Launch Program and two companies into the Resource Partner Network. Charleston-area company Questis, Upstate-based companies Precision Genetics and Boyd Cycling and Midlands-area company Clean Water Solutions were recently accepted as client companies. Columbia-area Mad Monkey, Inc. and Performance Resource Partners, based in the Upstate, are now members of the Resource Partner Network.

Client companies are companies that are accepted into the SC Launch economic development program to receive mentoring and other support services. These companies may be eligible to receive matching funds or larger investment funds. Members of the Resource Partner Network offer their services to SC Launch companies and include: legal advice, banking, consulting, training and human resources support.

Questis is a financial technology company that provides guidance to employers and employees using unique online data collection and credentialed advisors. Questis streamlines financial wellness by measuring behaviors, setting goals and automating investing. SCRA’s Human Resources Department recently hired the company to offer financial guidance to its associates.

Precision Genetics enables healthcare organizations to implement genetic testing capabilities as they evolve toward precision and personalized medicine. They provide a turnkey solution, allowing for replication of their model across many healthcare organizations and settings.

Boyd Cyclingis a high performance, high-tech bicycle wheel manufacturer that designs and engineers products in the United States and is beginning to bring all manufacturing to the Upstate of South Carolina.

Clean Water Solutions has a proprietary, patented process technology with direct application for the clean-up of polluted water. Their technology is more efficient, less expensive, chemical free and has a very low environmental impact compared to any other water pollution clean-up processes currently in commercial use. Clean Water solutions has built a pilot plant that has shown the effective commercial applications of its technology.

Mad Monkey, a high-end production company that creates, produces and edits broadcast commercial campaigns, product-launch videos, brand movies and digital content. Their messages are designed to increase brand awareness across all screens; whether they are TV, tablet, laptop or mobile. Mad Monkey has an in-house team that also specializes in design and programming for websites and mobile applications, as well as special effects (VFX) and animation. Their passion is uncovering what is authentic about a product or service – and then delivering this message in a way that resonates with the intended audience.

Performance Resource Partners specializes in manufacturing strategy, new product development, technology commercialization and business assessment for small to midsize manufacturing organizations. They are experts in the design and implementation of continuous improvement strategies, coaching and mentoring of business teams and project management.

“We are delighted to welcome these new companies to the SC Launch program and our Resource Partner Network,” said SCRA CEO Bill Mahoney. “We look forward to working with these innovative businesses and their technologies and helping them as they make important contributions to South Carolina’s high-tech economy.”

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 $18.1 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.

SCRA Technology Ventures
Micki Howard MacNaughton, 843-760-3329; 843-697-9226 (mobile)