SCRA announces new member companies and grant funding
August 1, 2023
DRAHOLA Technologies, Heirloom Cloud, Lynk-ed, and Rapid Title were accepted as South Carolina Research Authority Member Companies. Apex Orthopaedic Technologies and Real Motors 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.
Apex Orthopaedic Technologies LLC received a $25,000 Academic Startup Grant. The North Charleston-based life science company produces a new surgical device called the R-FIX (Rib-FIXation) System, which uses rib fixation for the treatment of early-onset spinal deformity.
DRAHOLA Technologies Inc. has been accepted as an SCRA Member Company. The Rock Hill-based information technology startup is a full-service spatial software development and consulting company. DRAHOLA is the developer of yey’maps, a geospatial engineering company that uses flexible and intuitive cloud GIS solutions for the optimal implementation of geodata.
Heirloom Cloud Corporation has been accepted as an SCRA Member Company. The Mount Pleasant-based information technology company makes it easy to enjoy photos, videos, and other media. Their technology digitizes cherished media into a private social network where they can be shared with friends and loved ones, from any device.
Lynk-ed Corporation has been accepted as an SCRA Member Company. The Columbia-based information technology company has developed a digital all-in-one card to help control your school and create a safer, more efficient, and more organized learning environment.
Rapid Title Corporation has been accepted as an SCRA Member Company. The Goose Creek-based information technology company leverages an intelligent API platform that interfaces with all titling participants and rapidly completes the process.
Real Motors Inc. received a $50,000 Acceleration Grant. The Greenville-based electric motorcycle manufacturer is developing an affordable, light-duty electric motorcycle targeted at urban commuting.
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 fuels the state’s innovation economy through the impact of its comprehensive services to technology-based startups, academia, and industry. SCRA provides funding and support to accelerate the growth of academic startups; high-quality lab and administrative workspaces; facilitation and funding for partnerships between and among industry, startups, and academic institutions; assistance and funding for the relocation of technology-based companies to South Carolina; and coaching and funding for startups that may also receive investments from its affiliate, SC Launch Inc.
