Become a Member Company
SCRA’s mission is to fuel South Carolina’s innovation economy by accelerating technology-enabled growth in research, academia, entrepreneurship, and industry. We do this through the work of our four programs, SC Academic Innovations, SC Facilities, SC Industry Solutions and SC Launch. Startups and founders begin by submitting an application to be considered for support and funding. Those selected to be part of the program based on the criteria listed below, become SCRA Member Companies.
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Criteria
- LOCATION AND PAYROLL: The company’s principal office is located in South Carolina or at least 51% of payroll to employees within the state
- REGISTRATION: Business must be registered with the South Carolina Secretary of State
- TECHNOLOGY SECTOR: Your product offering is in the following target sectors: Advance Materials and Manufacturing, Information Technology or Life Sciences
- TEAM: Experienced team members on board with at least one member of management working full-time, and Board of Advisors in place is preferred
- TECHNICAL VIABILITY: Company’s product is not easily replicated, has validation and/or system prototype demonstration in relevant environment, has protected IP (such as patents, trade secret and/or trademarks)
- MARKET VIABILITY: Value proposition validated within target market and has a high-impact business model with the potential to generate significant revenue.
- FUNDING: The company has plans to or already has secured initial external funding (such as: grants, banks, friends, founders)
Benefits
- Coaching and other support from SCRA staff and Resource Partners
- Participation in SCRA-sponsored networking events
- SCRA marketing and promotion of major company successes
- Opportunity to apply for a variety of grants
- Possible partnerships with industry and/or academia facilitated and funded by SCRA
- Potential eligibility for investments from SCRA’s investment affiliate, SC Launch Inc.
