Investments

Innovative SC Companies Receive $300,000 in Grants
Summerville, S.C. – Seven innovative SC companies receive nearly $300,000 in grants from the South Carolina Research Authority (SCRA). The types of grants, companies and award amounts are as follows: ACADEMIC START-UP ASSISTANCE PROGRAM (ASAP) GRANTS These grants are available to early-stage for-profit companies sponsored by academic institutions. The grants assist the companies in achieving one…

SCRA Fuels Innovation with $250,000 in Grants for Six Companies
Summerville, S.C.— SCRA fuels innovation with $250,000 in grants for six SC Launch client companies. The South Carolina Research Authority (SCRA) made the announcement this week. Four companies have received SCRA Acceleration Grants. These grants are competitively awarded to South Carolina-based, for-profit companies to progress the company toward commercialization and better position the company for…

Four Companies Receive a Total of $175,000 in SCRA Grants
Summerville, S.C.—South Carolina Research Authority (SCRA) announces four SC Launch Client Companies recently have been awarded grants for a combined total of $175,000. Competitor Tent is a unique, new mobile app aimed at providing competitive equestrians training and competition results and analytics across the disciplines of Dressage, Eventing, Jumpers, and Show Hunters. It provides analytics…

ZYLÖ Therapeutics Receives SC Launch Investment
Summerville, S.C. – Innovation News: SCRA announces a $200,000 SC Launch, Inc. investment in Zylö Therapeutics. The life sciences company, located in Greenville, was accepted into SCRA’s entrepreneurial program, SC Launch, in June 2018. The SC Launch, Inc. investment was part of the company’s Series A raise that also includes an investment from the lead investor, VentureSouth, an early-stage…

SCRA AND 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 capital is…