Charleston, S.C. — Last month Smith Moore Leatherwood LLP awarded Teamphoria, the winner of the Harbor Accelerator's C.A.P.E event, $5,000 in legal service assistance. Eight entrepreneurial teams that recently completed the Harbor's 14-week accelerator mentorship program competed for valuable prizes. Sponsorship in the Harbor's program is part of Smith Moore Leatherwood's larger initiative to serve the legal needs of early-stage companies and start-ups in the Southeast, helping them to cultivate business, financing and technology strategies to enable growth.
Teamphoria is employee engagement software that builds and measures an engaged workforce and company culture. This is the first software platform launched to provide real-time employee engagement metrics and allow organizations to monitor and boost culture organization-wide. Andrew Strickland and Prashant Katwa, both of Charleston, are founders of the start-up.
"Many entrepreneurs, like Andrew and Prashant, need help navigating the unfamiliar complexities that go along with establishing new business entities, raising funds and protecting intellectual property. We understand that emerging companies are often afraid to pick up the phone and ask for legal help because of the stigma of the billable hour. One of our goals is to change this mindset," said attorney Halsey Schreier. "Therefore, our firm is committed to offering flexible alternatives to emerging companies in order to foster long-term relationships with growing companies."
The Harbor Accelerator is an emerging business accelerator program designed to build scale-able business in the Charleston region. Selected start-ups accepted into the program are provided tremendous resources and support to grow quickly, test the market and become viable. This year, the Harbor launched its first entrepreneurial pitch event in conjunction with the College of Charleston's ICAT program. Eight teams from CoHort 3, the Harbor's mentorship program, were given the opportunity to pitch and win valuable prizes and assistance from local businesses.
"Right now, Charleston is the most exciting place for entrepreneurs and start-up companies, and Smith Moore Leatherwood is a proud and long-time supporter of emerging businesses in the area," said partner Bobby Pearce. "Our firm's goal is provide alternative legal fee solutions to help these young companies succeed."
In addition to winning the Harbor Accelerator, Teamphoria was recently invited to visit the White House along with 69 other startup companies to celebrate the importance of investing in young companies here in the U.S. President Obama and judges from CNBC's "Shark Tank" hosted the event.
For more information on the Harbor Entrepreneur Center, visit www.harborec.com.
For more information, contact:
Brandy Humphries (firstname.lastname@example.org)