Venture Carolina announced July 22 it has launched Upstate Upstarts List, an initiative run through its Upstate Upstarts program that works to increase the visibility of early-stage technology companies in the area.
Companies are eligible for the list if they meet the following criteria:
- Based in the Oconee, Pickens, Anderson, Greenville, Spartanburg, Cherokee or Union counties.
- Have a technology-basis and high growth potential.
- Have at least $150,000 of annual recurring revenue or a minimum of eight employees.
“The Upstate Upstarts list highlights the exciting early stage companies we have in the Upstate region of South Carolina,” said Charlie Banks, executive director of Venture Carolina. “We hope this new funding option helps provide the companies with the resources they need to thrive, while encouraging investors to explore the financial and community benefits of investing in startups.”
Venture Carolina, in collaboration with VentureSouth, the Appalachian Regional Commission and other partners may support a fund that will invest in the companies on the list. For individuals or businesses interested in supporting local companies, the fund will provide a diversified portfolio of entities sourced from the Upstate Upstarts List.
As of July 22, the list features over 60 companies. For more information, visit upstateupstarts.com.
