COLUMBIA, S.C. -- (BUSINESS WIRE) -- SCRA presented a Knowledge Economist Award to South Carolina Department of Commerce Innovation Director Amy Love during the Knowledge Sector Council meeting held today in Columbia, S.C.
The SCRA Knowledge Economist Award is presented to leaders whose efforts have advanced and strengthened the technology-based economy of South Carolina. It recognizes individuals who have devoted a large part of their lives to building the state’s high-tech community for the public good.
Prior to her work at Department of Commerce, Love played an instrumental role at South Carolina’s Council on Competitiveness’ New Carolina, where she served as Deputy Executive Director. She is a member of the Public Relations Society of America, graduate of Leadership South Carolina (LSC) Class of 2007 and served on the LSC Board of Trustees. Love is a Fellow of the seventh class of the Liberty Fellowship.
"Amy is a force for positive impact and growth of the Knowledge Economy in South Carolina," said SCRA CEO Bill Mahoney. "Through her economic development efforts, she has helped form and advance technology clusters around the state, brought together partnerships to increase opportunities and now leads the Office of Innovation at Commerce. We are delighted to recognize Amy for her commitment and contribution to South Carolina."
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the Knowledge Economy throughout South Carolina. This SCRA business sector provides support and mentoring through its flagship SC Launch program to early stage, start-up technology companies. Since 2006, SCRA has deployed over $79 million in funding and infrastructure to support over 280 high-tech, early-stage enterprises, and has directly invested nearly $18 million in South Carolina start-ups, attracting over $250 million in private investment. SCRA Technology Ventures also supports commercialization and growth by facilitating the transfer of intellectual property and accelerating the transition of inventions to the marketplace. Additionally, SCRA Technology Ventures invests in more established technology companies through its Stage 2 affiliate.
Multiple economic impact studies show SCRA's cumulative output on South Carolina's economy to be over $15.3 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.