Nonprofit to help entrepreneurs through technology
Wed, 03 Sep 2014 23:31:44 GMT —
Georgetown County's Economic Development Department gave a nonprofit group called Startup.SC $50,000 to help turn entrepreneurs' dreams into reality.
Brian Tucker, the director of the Economic Development Department said, "It's an investment not necessarily a donation. We think it's a critical piece to the economic development puzzle for Georgetown County."
Ryan Smith, executive director of Startup.SC, said they help mentor and support entrepreneurs. The money given to them by the county will be matched by state grant money from the Department of Commerce.
"We're looking to take people with ideas and help build them to the point where they can pitch to investors and take on investments," Smith said.
Graham Ladd is the co-founder of the mobile app Life In PI. It's a free app that lists all the events going on in Pawleys Island.
"Interesting blog articles, photo galleries, advertising and promotions," is how Ladd described his app.
He said he wouldn't be where he is now without the support of Startup.SC. "Funding, technology purposes, they've been instrumental," Ladd added
Smith said the nonprofit is in the early stages, but the goal is to have investors available to help their clients.
The nonprofit is looking for qualified investors for their entrepreneurs.
Smith said if you're interested in being an investor you must make more than $200,000 a year or have a million dollars in assets, not including your primary home.