SC Launch, Inc. Invests in Fatsack Outdoors

SUMMERVILLE, S.C.–(BUSINESS WIRE)–Fatsack Outdoors, a Greenville-based IT company, recently received a
$200,000 SC Launch, Inc. investment. This is the first investment for
the company that was accepted into SCRA’s entrepreneurial program, SC
Launch, in August 2016.

The company’s mobile application provides fishing intelligence to
anglers, and allows them to log, map, share and analyze their fishing
adventures. In 2017, Fatsack Outdoors partnered with the South Carolina
Department of Natural Resources to expand the Department’s tagging and
licensing program for recreational anglers. The partnership was
complimented with a Project Development Fund Grant from SCRA to help
application development. The investment will be used to further the
company’s work with the state, continue to build out the platform and to
get in front of the more than 60 million anglers in the US.

“We could not be happier to welcome SC Launch as our newest shareholder.
Becoming an SC Launch portfolio company was a goal we set for ourselves
three years ago and it’s very rewarding to see it come to fruition,”
said Nick Rubio, President, Fatsack Outdoors, Inc. “Our current position
would not be possible without the help and guidance Derek Willis and the
team at SCRA have provided along the way. I am very proud to have such
great support from our state and honored to help advance our natural
resources.”

“Fatsack is an example of a technology-based company making important
contributions to the quality of life in South Carolina,” said Jill
Sorensen, Director of Entrepreneurial Programs and Executive Director of
SC Launch, Inc. “Our citizens have opportunities to improve how we work
and live, and Fatsack Outdoors is proof positive of what a difference
one entrepreneur and one company can make.”

SCRA is a state-chartered organization that fuels job creation and grows
South Carolina’s innovation economy. Through SC Launch, early-stage
companies are provided mentoring and grants and may be eligible for an
investment from SC Launch, Inc. The SC Launch program is open to
qualified South Carolina companies in the Advanced
Materials/Manufacturing, Information Technology and Life Sciences
sectors.

About SCRA
http://www.scra.org/

Chartered in 1983 by the State of South Carolina as a public, non-profit
corporation, SCRA fuels South Carolina’s Innovation Economy by
supporting entrepreneurs, enabling academic research and its
commercialization, and connecting industry to innovators.

About SC Launch, Inc.

Established in 2006, SC Launch, Inc. is an independent, non-profit
corporation affiliated with SCRA, which provides loans and investments
to selected South Carolina-based companies participating in the SC
Launch program.

Contacts

Jessica Cokins
843.760.3273 office
[email protected]

SC Launch, Inc. Invests in Fatsack Outdoors

SUMMERVILLE, S.C.–(BUSINESS WIRE)–Fatsack Outdoors, a Greenville-based IT company, recently received a
$200,000 SC Launch, Inc. investment. This is the first investment for
the company that was accepted into SCRA’s entrepreneurial program, SC
Launch, in August 2016.

The company’s mobile application provides fishing intelligence to
anglers, and allows them to log, map, share and analyze their fishing
adventures. In 2017, Fatsack Outdoors partnered with the South Carolina
Department of Natural Resources to expand the Department’s tagging and
licensing program for recreational anglers. The partnership was
complimented with a Project Development Fund Grant from SCRA to help
application development. The investment will be used to further the
company’s work with the state, continue to build out the platform and to
get in front of the more than 60 million anglers in the US.

“We could not be happier to welcome SC Launch as our newest shareholder.
Becoming an SC Launch portfolio company was a goal we set for ourselves
three years ago and it’s very rewarding to see it come to fruition,”
said Nick Rubio, President, Fatsack Outdoors, Inc. “Our current position
would not be possible without the help and guidance Derek Willis and the
team at SCRA have provided along the way. I am very proud to have such
great support from our state and honored to help advance our natural
resources.”

“Fatsack is an example of a technology-based company making important
contributions to the quality of life in South Carolina,” said Jill
Sorensen, Director of Entrepreneurial Programs and Executive Director of
SC Launch, Inc. “Our citizens have opportunities to improve how we work
and live, and Fatsack Outdoors is proof positive of what a difference
one entrepreneur and one company can make.”

SCRA is a state-chartered organization that fuels job creation and grows
South Carolina’s innovation economy. Through SC Launch, early-stage
companies are provided mentoring and grants and may be eligible for an
investment from SC Launch, Inc. The SC Launch program is open to
qualified South Carolina companies in the Advanced
Materials/Manufacturing, Information Technology and Life Sciences
sectors.

About SCRA
http://www.scra.org/

Chartered in 1983 by the State of South Carolina as a public, non-profit
corporation, SCRA fuels South Carolina’s Innovation Economy by
supporting entrepreneurs, enabling academic research and its
commercialization, and connecting industry to innovators.

About SC Launch, Inc.

Established in 2006, SC Launch, Inc. is an independent, non-profit
corporation affiliated with SCRA, which provides loans and investments
to selected South Carolina-based companies participating in the SC
Launch program.

Contacts

Jessica Cokins
843.760.3273 office
[email protected]

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