Fast Facts

  • SCRA is a public, nonprofit corporation, chartered by the South Carolina legislature, in 1983.
  • SCRA is made up of four programs: SC Academic Innovations, SC Facilities, SC Industry Solutions, and SC Launch.
  • SCRA has an investment affiliate, SC Launch Inc., for Member Companies that are on a strong growth track and complete the due diligence process.
  • SCRA Member Companies that receive an investment are called SC Launch Inc. Portfolio Companies.
  • SCRA coaches, provides grant funding and industry matchmaking, and houses Member Companies (technology startups), and academic-based technology projects.
  • SCRA contributed over a billion dollars to South Carolina’s economy in 2021.
  • SCRA’s programs and operations supported 5,429 South Carolina-based jobs in 2021.
  • SCRA awarded $4.6 million in grants to advance research capabilities, commercialize technology, expand product offerings, and assist with relocation costs for businesses moving their operations to South Carolina.
  • SCRA has helped SCRA Member Companies and SC Launch Inc. Portfolio Companies secured more than $2.4 billion in follow-on funding since 2006.

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SCRA is a public, non-profit corporation chartered in 1983 by the State of South Carolina.