Economic Impact on the State
SCRA’s average annual impact on the innovation economy of South Carolina.
The innovation economy is defined as an economic environment that facilitates the production of ideas and information.
SCRA’s impact on the innovation economy of South Carolina.
Jobs Supported by SCRA in SC
The number of South Carolina jobs supported through SCRA operations and programs.
SCRA Employment Multiplier
For every 10 jobs supported by SCRA, an additional 15 jobs are created elsewhere, which is a multiplier of 2.5.
Average salary of Client Companies employees. The state’s average salary is $41,060. View an interactive map of all companies in the program.
Total square feet of research, lab, collaboration and office space managed by SCRA.
Amount of investment capital received by Client Companies after receiving funding from SCRA or SC Launch, Inc. Learn more about our SC Launch Program.
Our team works to fuel the innovation economy by accelerating technology-enabled growth in research, academia, entrepreneurship and industry. This annual report outlines our program areas as well as highlights innovation occurring across the state.