SCRA Announces New Members and Grant Funding

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Summerville, S.C. – Heroic Health and UGC Holdings were accepted as South Carolina Research Authority Member Companies. Algistor and MacB IT Solutions received new grant funding.

All SCRA Member Companies receive coaching, access to experts in SCRA’s Resource Partner Network, eligibility to apply for grant funding, and the potential to be considered for investment from SCRA’s investment affiliate, SC Launch Inc.

Algistor Inc. received a $50,000 Demonstration Grant. The Columbia-based life science company is a sterile algae industrial manufacturer that develops, farms, and separates oleic fatty oils from the microalgae chlorella vulgaris.

Heroic Health LLC has been accepted as an SCRA Member Company. The Charleston-based information technology company is the first end-to-end healthcare behavior change platform that uses cognitive neuroscience and gaming to empower patients to become the hero of their own health journey.

MacB IT Solutions LLC received a $25,000 Project Development Fund Grant. The Piedmont-based information technology company offers businesses a wide array of technology services, including website development, e-commerce solutions, and customized app development. The company also provides telecom solutions that reduce abandoned calls and improve customer services for small businesses.

UGC Holdings Inc. DBA Uncommon Giving, was accepted as an SCRA Member Company. The Charleston-based information technology company is a workplace giving and volunteering platform built to awaken generosity in companies by enabling them to engage their employees with a modern set of tools to impact causes they care about the most.

SCRA welcomes these new Member Companies and congratulates those that received funding.

Grant funding is made possible, in part, by the Industry Partnership Fund (IPF) contributions that fuel the state’s innovation economy. Contributors to the IPF receive a dollar-for-dollar state tax credit, making it an easy and effective way to help one of the fastest-growing segments of the South Carolina economy. Grant funding for Member Companies creates a direct, positive economic effect and job creation.




About SCRA
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority (SCRA) fuels South Carolina’s innovation economy through the impact of its four programs. SC Academic Innovations provides funding and support to advance translational research and accelerate the growth of academic startups. SC Facilities offers high-quality laboratory and administrative workspaces for technology-based startups and academic institutions. SC Industry Solutions facilitates and funds technology advancements and partnerships with industry, startups, and academic institutions. SC Launch mentors and funds technology-based startups that may also receive investments from SCRA’s investment affiliate, SC Launch, Inc.

Media Contact
Adrianne Grimes
Director of Marketing and Communications, SCRA
O: (854) 888-2033
C: (843) 277-7295