SCRA Technology Ventures Hosts Trendlines Group
Accredited Investors Review Companies and Network
Charleston, SC - As part of SCRA's mission to support and grow high-tech companies in the state, SCRA hosted a networking event for accredited investors last week. The Trendlines Group, a leader in the Israeli start-up scene, made a stop in Charleston, South Carolina yesterday during its Trendlines Medical U.S. Investor Roadshow. SCRA hosted the event that introduced six Israeli medical technology companies, including SC Launch and Stage 2-invested company NeuroQuest, to prospective South Carolina investors.
Trendlines is an innovation commercialization company that invents, discovers, invests in, and incubates innovation-based medical and agricultural technologies. The company brought promising companies from its portfolio to the U.S. to present opportunities for angel investment. Trendlines will make additional stops during the tour in Atlanta, Georgia; Chicago, Illinois; Ann Arbor, Michigan and Pittsburgh, Pennsylvania.
"As we continue to foster innovation in South Carolina, we are garnering the attention of international investors and innovative companies," said SCRA CEO Bill Mahoney. "We are delighted that the Trendlines Group recognizes the opportunities that are in South Carolina and what our state can offer. We look forward to continuing this strategic relationship that supports entrepreneurship and growth for both South Carolina and Israel's economies."
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 supports 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.