SCRA News

Keep up with the latest news from SCRA and news from across the state.

Global Transplant Solutions Successfully Graduates from SC Launch Inc.

Summerville, SC – South Carolina Research Authority (SCRA), announces the successful graduation of SC Launch Inc. Portfolio Company, Global Transplant Solutions Inc. This exit yielded financial returns for the continued support of additional technology-based startups in South Carolina. The Spartanburg-based company makes products that enable the safe collection, preservation, and transport of human organs for transplantation. […]

Dominion Energy Contributes $200,000 to South Carolina Innovation

Summerville, S.C. – Dominion Energy, a leading energy provider, has contributed $200,000 to South Carolina Research Authority (SCRA’s) Industry Partnership Fund (IPF). The IPF funds SCRA’s programs, including grants to eligible SCRA Member Companies and to academic research projects that are producing industry solutions. Recent grants include the funding of over $3.3 million to selected colleges and universities for […]

Pensievision earns a rare perfect score from the National Institutes of Health (NIH) on its grant application

Charleston, South Carolina – Pensievision, the Charleston based company that develops AI-based, 3D medical imaging technologies, earned a rare perfect score from the National Institutes of Health (NIH) on its grant application for developing a low-cost, handheld, 3D imaging system for improved screening of cervical neoplasia, to help prevent cervical cancer. The grant funds awarded by the […]

SCRA’s Kella Player Hanna Accepted into Charleston Metro Chamber of Commerce’s Leadership Charleston Class of 2021

Summerville, SC – South Carolina Research Authority (SCRA) is proud to announce that SC Academic Innovations Program Manager, Kella Player Hanna, has been accepted to the Charleston Metro Chamber of Commerce’s Leadership Charleston Class of 2021. Offering an intensive and up-close look at the most challenging issues and opportunities facing the Charleston region, Leadership Charleston […]

Seven Companies Receive Almost $300,000 in SCRA Grants

Summerville, S.C. – South Carolina Research Authority (SCRA) recently awarded grants to seven companies totaling almost $300,000. The types of grants, companies and award amounts are as follows. ACADEMIC START-UP ASSISTANCE PROGRAM (ASAP) GRANTS are available to early-stage for-profit companies sponsored by academic institutions. The grants assist the companies in achieving one or more critical milestones toward commercialization, which will serve as […]

SCRA Announces Six New Client Companies

Summerville, S.C.—South Carolina Research Authority (SCRA) announced the recent acceptance of six Client Companies into its entrepreneurial program, SC Launch. Client Companies are provided mentoring and grants and may be eligible for investments from SC Launch, Inc. Land Intelligence, located in Columbia, provides a comprehensive source for understanding all of the risks and opportunities associated with land investments. They provide quick and […]

COVID-19 Test Provider, Precision Genetics, receives SC Launch, Inc. Investment

Summerville, S.C.—SCRA announces a $250,000 SC Launch, Inc. investment in Precision Genetics. The life sciences company, located in Greenville, was recently accepted into SCRA’s entrepreneurial program, SC Launch. Precision Genetics validated the Emergency Use Authorization (EUA) via the Food and Drug Administration (FDA) to process COVID-19 test kits. Precision Genetics is now available to support state and local healthcare systems in […]

SCRA Announces Three New Client Companies

Summerville, S.C.—South Carolina Research Authority (SCRA) announced the recent acceptance of three Client Companies into its entrepreneurial program, SC Launch. Client Companies are provided mentoring and grants and may be eligible for investments from SC Launch, Inc. Wander Technologies, Inc. (dba Rayka), located in Charleston, is a nearby discovery platform based on recommendations, rather than 1-5 star reviews. The app allows users […]

New Partnership Unites SC Businesses with Exceptional Needs Students Through State Tax Credit Programs

Columbia, S.C. – Exceptional SC and the South Carolina Research Authority announced Wednesday the formation of Exceptional Connections – a business-education partnership that unites South Carolina’s business community with more than 3,000 exceptional needs scholarship students and schools across the state. At a formal announcement at the SC Governor’s mansion, Gov. Henry McMaster said of […]

SCRA & SC Launch Celebrate $1 Billion in Follow-on Funding for SC-based Companies

Summerville, S.C.– SCRA, a public, non-profit corporation that fuels South Carolina’s innovation economy, celebrated a milestone of $1 billion of follow-on capital secured by Client Companies in the SC Launch Program. SC Launch, SCRA’s entrepreneurial program, provides mentoring, grants and access to SC Launch, Inc. investments for qualified, South Carolina-based, early-stage companies. Access to follow-on […]

SCRA Announces SC Launch, Inc. Investment in Phi Life Sciences

Charleston-based Life Science Company Receives $200,000 Summerville, S.C. – SCRA’s entrepreneurial program, SC Launch, Inc. recently finalized a $200,000 investment in Charleston-based Phi Life Sciences, a molecular diagnostic and laboratory service company that aims to help patients by reducing disease mortality and adverse drug reactions through affordable, state-of-the-art screening and diagnostic technologies. Phi Life Science’s solutions […]

SCRA Announces SC Launch, Inc. Investment in TerraStride – Midlands Company Receives $200,000

Summerville, S.C. – SCRA’s entrepreneurial program, SC Launch, Inc., recently finalized a $200,000 investment for TerraStride, a software technology company based in Columbia, SC. TerraStride has two product lines: HuntStand, the number one hunting and land management app on the market, and TerraStride Pro, a market-leading land brokerage software. The company recently announced milestone growth for the […]

SCRA Announces New Client Companies – SC Launch Program Welcomes Seven New Client Companies 

Summerville, S.C. – SCRA announced the recent acceptance of seven Client Companies into its entrepreneurial program, SC Launch. Client Companies receive mentoring and support services and may also be eligible for grants, matching funds and investments. Coastal Companies Cliently is a lead generation and retention platform that helps companies of all sizes engage with potential prospects. The […]

SCRA Announces Investments – Upstate Companies Receive SC Launch Investments

Summerville, S.C. – SCRA, a state-chartered organization that fosters job creation and the growth of South Carolina’s Innovation Economy, today announces two SC Launch investments in upstate companies, ActivEd and Pursuit Alert. SC Launch is SCRA’s entrepreneurial program that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and […]

SCRA Announces SC Launch, Inc. Investments in Upstate Companies

Summerville, S.C. – SCRA, a state-chartered organization that fosters job creation and the growth of South Carolina’s Innovation Economy, today announces two SC Launch investments in upstate companies, ActivEd and Pursuit Alert. SC Launch is SCRA’s entrepreneurial program that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and […]

SCRA Announces SC Launch, Inc. Investments In Three Companies

Summerville, S.C. – SCRA’s SC Launch program today announced investments in three South Carolina companies. VRM Labs, APP Squared and Tradeversity received funding ranging from $100,000 to $200,000. The SC Launch program is SCRA’s entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and/or Life Sciences […]

SCRA Announces SC Launch, Inc. Investment in REsimplifi – Columbia-based Company Receives $200,000

Columbia, S.C. – SCRA, a state-chartered organization that fosters job creation and grows South Carolina’s innovation economy, today announced an SC Launch investment in the Columbia-based company REsimplifi, Inc. The SC Launch program is SCRA’s entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences […]

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