MEMBER COMPANY CRITERIA

Apply to become a Member Company

Companies accepted into SCRA programs are referred to as Member Companies. A Regional Manager contacts each company that applies to review their application. You may be invited to present your company to the team in order to determine your acceptance as a Member Company.

  • LOCATION AND PAYROLL
    The company’s principle 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: Advanced 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 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 highimpact 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)