SCRA presented a Knowledge Economist Award last evening to Detyens
Shipyards, Inc. owner and Chairman Loy Stewart during a joint DIG NATION
and SCRA Technology Ventures networking event.
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 SC technology community for the public good.
In his role at Detyens Shipyards, Stewart has led the company to
continued growth and actively engaged in the local community through
support of emerging businesses and individuals. A native South
Carolinian, Stewart has demonstrated leadership and commitment that
shapes an environment for innovation and opportunity.
"Mr. Stewart has been a tremendous leader and supporter of the Knowledge
Economy in outh Carolina and a steady, positive influence to so many
individuals in this community," said SCRA Technology Ventures Zone
Manager Derek Willis. "We are delighted to recognize Mr. Stewart for his
dedication and contributions 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.
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