Jill Sorensen

  • Sam Patrick posted an article
    SCRA Celebrates $1 Billion in Support of South Carolina Start-Ups see more

    Summerville, S.C.– SCRA, a public, non-profit corporation that fuels South Carolina’s innovation economy, celebrated a milestone of $1 billion of follow-on capital secured by Client Companies in the SC Launch Program. SC Launch, SCRA’s entrepreneurial program, provides mentoring, grants and access to SC Launch, Inc. investments for qualified, South Carolina-based, early-stage companies.

    Access to follow-on capital is critical to the success of entrepreneurial companies. Angel investors, venture capital funds and corporate investors are the main source of follow-on funding secured by SC Launch companies. The $1 billion in follow-on investments were acquired by more than 140 Client Companies over the span of 12 years.

    “Our job, and our passion, is guiding companies to the next stage in the entrepreneurial life cycle and seeing them through to success,” said Bob Quinn, SCRA Executive Director, “The funding provided by SC Launch is vital in enabling our Client Companies to overcome many of the barriers faced by early-stage enterprises. However, void of follow-on funding, these companies often flounder. Therefore, we are thrilled to be celebrating this $1 billion milestone.”

    “Through the SC Launch Program, SCRA helps entrepreneurs to strategically navigate the ups and downs of running a company. We also work alongside entrepreneurs to secure grants, prepare them for investments and secure capital from other sources.” said Jill Sorensen, SCRA Director of Entrepreneurial Programs and Executive Director of SC Launch, Inc. “Our team rolls up our sleeves and dives in to provide an advantage for the entrepreneurs we support.”

    SCRA is a state-chartered organization that fuels job creation and grows South Carolina’s innovation economy. The SC Launch Program is open to qualified South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences sectors.

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    About SCRA
    Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fuels South Carolina’s Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.

  • Sam Patrick posted an article
    S.C.-based Global Transplant Solutions received investment see more

    The South Carolina Research Authority’s S.C. Launch program has finalized a $200,000 investment for Global Transplant Solutions, a Duncan-based company that develops and distributes products for the human organ procurement and transplant marketplace.

    The investment will be used to finalize global sales, develop proprietary products, and further the company’s research efforts, according to a news release.

    “We are proud to partner with SC Launch and the state of South Carolina as we establish, build, and grow our worldwide organ transplant business,” said John Bruens, CEO of Global Transplant Solutions. “As a company exclusively focused on supporting the critical need for more donated organs and partnering with the dedicated professionals in this market who every day save countless lives around the world, Global Transplant Solutions Inc. is poised to position South Carolina as the epicenter for the advancement of transplant technologies, products, and policies.”

    Global Transplant Solutions currently supplies products to the Canadian transplant market. The company has received clearance from the U.S. Food and Drug Administration (FDA) to distribute its first product in the United States and is awaiting FDA clearance for a second product.

    The company also plans to gain clearance from the FDA for four additional products, which together will represent 99 percent of all organ preservation solutions used worldwide. It already has distribution agreements with several national and international partners, according to a news release.

    “There is a worldwide demand for Global Transplant Solutions’ products, and to see the demand being fulfilled by a company in Duncan, S.C., is very exciting,” said Jill Sorensen, director of entrepreneurial programs at the South Carolina Research Authority (SCRA).

    The SCRA is a state-chartered organization that fosters job creation and grows the innovation economy. The S.C. Launch program is the authority’s entrepreneurial platform that provides mentoring, grants, and investments to qualified companies in the advanced materials, information technology, and life sciences industries.

    For more information, visit scra.org.

  • Sam Patrick posted an article
    Accessible Diagnostics receives $250,000 SC Launch Investment see more

    March 15, 2018 11:50 AM Eastern Daylight Time

    SUMMERVILLE, S.C.--(BUSINESS WIRE)--SC Launch, Inc., SCRA’s entrepreneurial program, recently finalized a $250,000 investment for Accessible Diagnostics, a life science company based in Greenville, SC. The company was accepted as an SC Launch Client Company in December 2014 and received a $50,000 Acceleration Grant in June 2017.

    Accessible Diagnostics is developing a smartphone-based, at-home health test platform in collaboration with healthcare professionals. Their first proprietary product, Vet-Tab, is a painless glucose test for a beloved family member, a diabetic dog. The investment will be used to finalize product development, manufacture the initial inventory and launch sales. The company has also begun the regulatory process to sell painless human glucose test.

    “Concepts to Companies and accredited individuals provided the seed capital for Accessible Diagnostics to startup and reach this point,” said John Warner, Accessible Diagnostics CEO and Co-Founder. “We are grateful for Acceleration Grant last summer to help with prototype development and their investment this spring to help launch Vet-Tab sales.”

    “Accessible Diagnostics can create enormous value by aggregating data to integrate into other digital heath platforms being created in the market,” said Director of Entrepreneurial Programs and SC Launch Inc. Executive Director, Jill Sorenson. “We are excited to see the growth of the company and the impact to South Carolina.”

    SCRA is a state-chartered organization that fosters job creation and grows South Carolina’s Innovation Economy. The SC Launch program is SCRA’s entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences industries.

    About SCRA

    http://www.scra.org/

    Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.

    Contacts

    SCRA
    Jessica Cokins, 843-760-3273
    jessica.cokins@scra.org

  • Sam Patrick posted an article
    Jill Sorensen has joined SCRA to lead SC Launch, entrepreneurial programs see more

    Summerville, S.C. – SCRA, a public, non-profit chartered with fostering the Innovation Economy of South Carolina, has announced the appointment of Jill Sorensen, J.D. as the new Director of Entrepreneurial Programs and Executive Director of SC Launch. Jill is an innovation manager with more than twenty-five years of experience in emerging technology, intellectual asset management and economic development.

    In her new role, Jill will oversee the direction of SCRA’s entrepreneurial programs, under which provides investments, grant opportunities, mentoring and support to early-stage technology companies in the Life Science, IT and Advanced Manufacturing/Materials industries.

    Jill is assuming this role upon the retirement of Greg Hillman, who worked in SCRA’s SC Launch program for more than ten years, during which time the program provided grants and investments to more than 330 companies. During Greg’s time with the company, SC Launch Portfolio Companies secured more than $650 million of external capital.

    Prior to joining SCRA, Jill directed an innovation management consultancy that advised startups across the health, energy, transportation and manufacturing sectors. Jill co-founded and directed the Baltimore-Washington Electric Vehicle Initiative, a division of the non-profit Electric Vehicle Association of the Greater Washington DC area. Additionally, she served as Executive Director of the Johns Hopkins University Technology Transfer Office and taught innovation management at the university. Before joining Johns Hopkins, Jill worked for the University of Illinois directing its Office of Technology Management and serving as in-house intellectual property counsel. Jill is a registered patent attorney, earned her J.D. from DePaul University and her B.A. from Northwestern University.

    “Jill’s diverse experience makes her uniquely qualified for this position,” said SCRA Executive Director Bob Quinn. “Her skill sets will benefit each aspect of the role, and we are excited she has joined the team.”

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    About SCRA

    Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.