SCRA Technology Ventures’ SC Launch program on Thursday presented a check of $200,000 to BarberWind Turbines, in honor of the investment they received last year.
BarberWind Turbines is a groundbreaking wind technology company that designs, manufactures, constructs and maintains wind energy assets.
“We are delighted to recognize BarberWind Turbines and their innovative technology,” SCRA CEO Bill Mahoney said. “Through support and investments in our emerging technology companies, we are furthering the technology-based economy of South Carolina and garnering interest from other states and organizations. We look forward to the future contributions BarberWind will make.”
The check was presented at the Clemson University-ICAR campus during a visit from students and faculty from the University of Pennsylvania’s Wharton School of Business. In 2013, the University of Pennsylvania School of Business used South Carolina and SCRA as a case study for encouraging innovation and has returned to South Carolina for additional research.
BarberWind’s wind turbine will be manufactured in upstate South Carolina. The wind turbine is very efficient and is one of the most cost-effective wind technologies on the market. A single 800 kW wind turbine counterbalances carbon pollution equivalent to taking 700 cars off the road.
BarberWind was accepted into SCRA’s SC Launch program in June 2014.