SCRA Tech Innovation Roadshow 2019-05-06T14:47:05+00:00

Project Description

SCRA Tech Innovation Roadshow

SCRA and Prettl International partner to create first-of-its kind technology scouting roadshow.

Based on Prettl’s input, the SC Launch Regional Managers identified Client Companies that aligned with Prettl International’s manufacturing, product and technology interests. Prettl’s leadership reviewed the suggested companies and invited the tech firms to present on-site.

SCRA and Prettl International partner to create first-of-its kind technology scouting roadshow Collaboration between corporations and technology startups is a key driver for fueling innovation in South Carolina. It can benefit both sides by growing the companies, expanding competitive positioning and generating revenue. SCRA’s Industry Programs supports these efforts with existing industry by advancing new technologies.

In 2018, the Industry Programs team met with industry leadership and discussed alternative methods to scout and introduce new technologies to manufacturers. From the fruits of those discussions came a new approach: the SCRA Tech Innovation Roadshow. This process provides a manufacturer the opportunity to pre-select technologies of interest, listen to the tech firms pitch their products in an interactive format and review multiple new technologies in one session.

Prettl International agreed to be one of the first manufacturers to try this new Tech Innovation Roadshow approach. Based on Prettl’s input, the SC Launch Regional Managers identified Client Companies that aligned with Prettl International’s manufacturing, product and technology interests. Prettl’s leadership reviewed the suggested companies and invited the tech firms to present on-site at their Greenville facility.

Results of the first SCRA Tech Innovation Roadshow with Prettl International were exciting. Two out of seven companies were selected for subsequent technical review meetings. One of these tech firms was invited to present their technology to Prettl International leadership in Germany where discussions continue.

Prettl has agreed to continue working with SCRA and host SCRA Tech Innovation Roadshows periodically throughout the year as new technologies are scouted and vetted that align with their interests.

SCRA’s Industry Programs team is working with other manufacturers to identify and present new technologies to support their innovation, automation, digitalization and emerging markets initiatives.

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HOW SC LAUNCH WORKS

The SC Launch Program provides the framework to grow South Carolina’s innovation economy by providing the resources necessary to successfully launch startups in the state.

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TYPES OF FUNDING

Funding is used to advance research capabilities, commercialize technology, expand product offerings, help with relocation costs and more. Companies may also be eligible for an SC Launch, Inc. investment approved by the SC Launch Board.

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