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The South Carolina Research Authority has provided start-up funding for two Charleston businesses.

Originally published in The Post and Courier

BY WARREN L. WISE
Posted: December 5 2014

Two Charleston companies have received an initial round of funding from the South Carolina Research Authority.

GWIG, or Go Where I Go, and Wave Sciences are now part of the Summerville company’s Technology Ventures’ SC Launch program. Each received $200,000.

GWIG uses a streamlined digital referral application that provides the ability for users to refer friends to their favorite businesses as well as providing businesses with analytics on their referrals.

The company has over 4,000 application downloads, 1,085 unique businesses have been referred and over 4,500 referrals have been passed from coast to coast.

“With access to analytics that GWIG provides, small business owners have the ability to engage with current and potential customers like never before,” said Chris H. Cooper, chief operating officer of GWIG. “As businesses use GWIG’s information to interact with interested potential customers, as well as thank existing loyal ones, they are able to create and grow strong relationships with positive long-term returns on investment.”

Wave Sciences, an SC Launch company since 2009, is a pioneer of hearing assistive technologies and digital audio noise reduction software, which grew out of the law enforcement and safety portion of its business.

Wave Sciences is now expanding its product portfolio to address the hearing aid and consumer electronics markets. Its wearable hearing technology represents a new approach to addressing the needs of juveniles, adults and seniors with hearing impairments.

Its new collaboration with Clemson University’s Materials Science and Engineering department in apparel research has the potential to make using its technology as simple as getting dressed, according to SCRA.

“We are delighted to receive this investment from SC Launch and for all the support they’ve given to us along the way since starting our company,” said Wave Sciences Founder and President Keith McElveen. “Wave Sciences is revolutionizing hearing aid and personal sound amplification products by re-imagining them as pieces of clothing, which makes them more powerful and comfortable at the same time.”

Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.
Originally published in The Post and Courier