SCRA has reached over $100 million in investment in South Carolina projects.
Nearly $49 million of the investments are from SCRA Applied R&D and R&D Facilities Sectors, with approximately $51 million from SCRA Technology Ventures’ Emerging Technologies, SC Launch and Stage 2 Programs.
“We are delighted to have reached this significant milestone as we continue to be the lead catalyst for developing our state’s technology-based economy,” SCRA CEO Bill Mahoney said in a release. “We are pleased that these investments are making a substantial impact throughout the state.”
SCRA Applied R&D manages portfolios of R&D projects and develops technology for real-world applications. SCRA R&D Facilities provide wet labs, offices and advanced manufacturing facilities for technology-based companies.
SCRA Technology Ventures’ programs sustain technology-based development in South Carolina. The programs support entrepreneurs, assist startup companies and commercialize research through mentoring, grant matching and investments.