EngenuitySC works in collaboration with Columbia region individuals, governments, businesses, and non-profit groups to increase the number of investment capital resources available to entrepreneurs and rapidly growing knowledge-oriented companies.
We have a pro-business legislature that values the potential economic impact that knowledge based companies can have on our economy. The world economy has shown their support by establishing several programs and enacting legislation that make our region attractive for high-growth ventures and assist start-ups from a financial standpoint. All of which create an atmosphere that can financial support ideas by creating investment capital.
National Venture Capital Association -- www.nvca.org U.S. Angel Capital Association -- www.angelcapitalassociation.org National Association of Seed and Venture Funds -- www.nasvf.org South Carolina Investor Network -- www.scinvestor.org SC Launch -- www.sc.launch.org
Angel Network of Sumner County - Nashville, TN www.angelnetworkofsumnercounty.org Ariel Savannah Angel Partners - Savannah, GA www.savannahangelpartners.com Atlanta Technology Angels - Atlanta, GA www.angelatlanta.com Charleston Angel Partners - Charleston, SC www.chapsc.com Eastern NC - Investor Network - Greenville, NC www.ecu.edu/rds/ei Emergent Growth Fund - Gainesville, FL www.emergentgrowth.com Gulf Coast Venture Forum - Naples, FL www.gcvf.com Huntsville Angel Network - Huntsville, AL www.huntsvilleangels.com Inception Micro Angel Fund - Family of Funds - Winston-Salem, NC www.inceptionmicroangelfund.com Mississippi Angel Network - Ridgeland, MS www.technologyalliance.ms Nashville Capital Network - Nashville, TN www.nashvillecapital.com New World Angels - Boca Raton, FL www.newworldangels.com Piedmont Angel Network - Greensboro, NC www.piedmontangelnetwork.com Triangle Accredited Capital Forum - Wake Forest, NC www.captial-forum.com Upstate Carolina Angel Network - Greenville, SC www.upstateangels.com Wilmington Investor Network - Wilmington, NC www.wilmingtoninvestor.com Winter Park Angels - Winter Park, FL www.winterparkangels.com
The Trelys Funds -- Columbia, SC www.trelys.com Azalea Capital -- Greenville, SC www.azaleacapital.com Banyan Mezzanine Fund -- Southeast www.banyanmezzanine.com Frontier Capital -- Charlotte, NC www.frontierfunds.com Nexus Medical Partners -- Charleston, SC www.nexusmp.com Noro-Moseley Partners -- Atlanta, GA www.noro-moseley.com Progeny Ventures -- Charleston, SC www.progenyvc.com Vaxa Capital Partners, LP -- Greenville, SC www.vaxacapital.com
The Columbia region fully supports its knowledge economy. It has created programs and initiatives that can supplement and create opportunities for knowledge-based businesses.
Venture Capital Act: Passed in 2005, the Venture Capital Investment Act increases availability to venture capital for emerging, expanding relocating, and restructuring enterprises in the State of South Carolina. The process is to be facilitated by the South Carolina Venture Capital Authority, which was created in the Act. The act allows the South Carolina Venture Capital Authority to enter into agreements with one or more persons (each, a “Designated Investor Group”) in raising private funds through loans from qualified lenders and uses such funds to make venture capital investments.
Innovation Centers Act: Under this legislation, SCRA collaborates with the University of South Carolina, Clemson University, and the Medical University of South Carolina to advance the commercialization of research and technology by investing more than $12 million in SC Launch, a program committed to this advancement.
Industry Partners Act: Created in 2006, the Industry Partners Act allows business and individuals to contribute to the Industry Partnership fund and receive tax credits toward their South Carolina income tax (100% of the donated amount). The fund is used to fuel the Knowledge Economy through strategic investments in technology start-ups within South Carolina.