Spartanburg County isn't quite ready to be the next “Silicon Valley.”
But local business leaders believe the rapid growth of the community's first homegrown digital medical technology startup—Core Care Medical LLC—is proof positive that the area's entrepreneurial soil is fertile.
“You've got to start somewhere,” said Steven Hahn, of the Spartanburg Entrepreneurial Resource Network (SERN). “Core Care Medical is the perfect example of what Spartanburg is capable of producing when the local entrepreneurial support community works together to help a business owner accomplish their goals.”
Core Care Medical was founded last July by Nils Bouwmeester, Stan McDaniel and Scott Montgomery. The company is focused on providing easy-to-use, “App”-style workflow solutions that make it easier for doctors to care for their patients and for patients to proactively manage their health.
In July, the company launched its first product from the accelerator at Spartanburg Community College's Center for Business and Entrepreneurial Development in Duncan.
The product, Core Care Wellness, is designed to simplify the Annual Wellness Visit benefit for Medicare patients. It was first made available to select practices in North and South Carolina.
Since then, the company has expanded its footprint to five more states and anticipates having a presence in 15 states by the end of 2014.
Core Care Medical recently graduated from the initial startup phase.
This week, the company moved from the college's Tyger River Campus, which was always a part of the plan. It has taken up residence temporarily in an office off East Henry Street and will soon begin searching for a permanent downtown headquarters.
The owners said it's a dream start for their privately-funded venture.
They plan to continue hiring and establishing a presence in new markets.
“I think we're poised for another good rapid expansion,” Bouwmeester said. “To be in the black after 10 months is just unbelievable… The support we've received (from SERN) has been fantastic. They helped us get started. They have been generous and genuinely interested in our success. (Starting the business) has been challenging, but a lot of fun. We're excited to be where we are.”
Bouwmeester said the company has taken its time and, with the help of SERN, has refined its core product based on customer feedback.
In a few weeks, Core Care Medical will launch a Spanish version of the product.
McDaniel said the response from customers so far has been very positive.
Hahn said Core Care Medical is exactly what SCC's Economic Development Director Mike Forrester envisioned for the accelerator when it was started a few years ago.
“What was so exciting about (Core Care Medical) is that it was the county's first (digital medical tech startup),” Forrester said. “It was so well laid out. They had folks in the industry and a solid business plan. They were the perfect fit. I was happy to be part of it. I'm happy they are downtown. It will bring more businesses and more jobs.”
See original article on GoUpstate.com here.