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SiMT’s Roth chosen to lead SCBIA

on Tuesday, 16 June 2020. Posted in Good life, News, Education, Local News

SiMT’s Roth chosen to lead SCBIA

Mark Roth, vice president of the Southeastern Institute of Manufacturing and Technology at Florence-Darlington Technical College has been named board chairman by the. S.C. Business Incubator Association.

SCBIA is an initiative of the South Carolina Research Authority to serve South Carolina’s innovation economy, by bringing together leadership from business incubators and accelerators from across the state.

In addition to serving as vice president of SiMT, Roth is also in charge of corporate and workforce development for Florence-Darlington Tech. He oversees the Gould Business Incubator, which pumped more than $20M into the Florence and Darlington economies during the last fiscal year. It is one of the most successful incubators in South Carolina.

“One of the keys to the success of this association is sharing the knowledge that all of these amazing incubators have,” said Roth. “It’s important to determine best practices and if we all share them, we could have the best incubator system in the nation.”

“When they’re at their best, at the top of their game, we all benefit,” said Jill Sorensen, executive director of S.C. Launch. “SCBIA exists to serve the rising tide of South Carolina’s innovation economy. We’re looking to supporters of entrepreneurs across the state to best serve their local communities for the purpose of readying start-ups to come into our pipeline. SCRA has funds to invest in start-ups, but they have to be ready to receive them.”

Roth says the success rate for businesses is 80% greater if they spend their formative years in an incubator or accelerator.

Peter Gasca will serve as Vice Chair of SCBIA. He serves as an executive in residence and business lecturer at Coastal Carolina University and is the director of the CoBE Institute, a student-led business organization at CCU that provides unique real-life business consulting experience to high-performing and ambitious students.

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