//Four Companies Receive a Total of $150,000 in SCRA Grants

Four Companies Receive a Total of $150,000 in SCRA Grants

February 4, 2020 | PRESS RELEASES

Summerville, S.C.—South Carolina Research Authority (SCRA) announces four SCRA Client Companies have recently been awarded investments for a combined total of $150,000.

Tide Stop, LLC, based in Johns Island, received a $25,000 grant from SCRA’s Academic Startup Assistance Program (ASAP). ASAP grants are available to for-profit companies sponsored by an academic institution. TideStop is sponsored by Clemson University to develop and manufacture a patented storm water check valve. Stormwater check valves  prevent tide waters from flowing back into storm water infrastructure and flooding roadways. TideStop’s design provides a lighter product for easier installation. The addition of Clemson technology will inhibit barnacle growth for lower maintenance costs and extended lifespans of the valve.

Three other companies have received SCRA’s Acceleration Grants. These grants are competitively awarded to South Carolina-based, for-profit companies to progress the company towards commercialization and better position the company for an SC Launch, Inc., investment.

yoJanus, Inc., is a user-generated database of tenant experiences. The company strives to improve the rental experience by allowing tenants to learn from peers before committing their time, money and quality of life to a lease agreement. For landlords and property managers, yoJanus provides invaluable third-party feedback from the network of former, current and future renters. The Charleston-based company received a $25,000 grant.

GoBeep, Inc., helps consumers share and revoke personal data with businesses. Inversely, businesses develop a relationship with their customers with a software platform that connects customers with their favorite businesses for richer experiences. GoBeep gives customers the freedom to decide what information businesses can know and use, creating a clearer vision of what makes trustworthy business. The Greenville company received a $50,000 grant.

UA Sidekick, LLC, is a Low Altitude Authorization and Notification Capability (LAANC)-connected app that is also integrated with the FAA Flight Service system. The development of this app was centered around the Safe Sky’s initiative promoted by the FAA. The company’s goal is to bring all members of the flying community onto a common flight awareness platform, including both manned and unmanned operations together with all support personnel. Based in Greenville, the company received a $50,000 grant.

SCRA is a state-chartered organization that fuels job creation and grows South Carolina’s innovation economy. Through SC Launch and SC Academic Innovations, early-stage companies are provided mentoring and grants and may be eligible for an investment from SC Launch, Inc.

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About SCRA
http://www.scra.org/
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, SCRA fuels South Carolina’s Innovation Economy by accelerating technology-enabled growth in research, academia, entrepreneurship and industry.

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

Media Contact
Cyndy Buckhaults
Communications Manager, SCRA
O: (803) 737-2208
C: (803) 806-9175
cyndy.buckhaults@scra.org

By | 2020-05-05T03:48:34+00:00 February 4th, 2020|Categories: Press Releases|Tags: |0 Comments