SCRA recently accepted and funded companies

March 2, 2021

South Carolina Research Authority (SCRA) announces BrightMa Farms, LLC, being accepted as new Member Company, and being approved for grant funding. Existing Member Company, RAAMP, LLC, was also approved for grant funding.

BrightMa Farms has been accepted as an SCRA Member Company and will be receiving a $50,000 Demonstration Grant. From seed to soil to harvest, the Charleston-based company produces high-grade hemp products as a safe and sustainable agri-health solution to customers’ wellness challenges. BrightMa Farms brings together state-of-the-art agricultural innovation, sustainable and organic farming practices, and unparalleled hemp growing expertise.

RAAMP, an existing Member Company, has been approved to receive a $50,000 Acceleration Grant. The Greenville-based company developed and offers an online platform that combines lease management, accounting, and document storage in a team-shared environment. First developed as an internal tool for private asset management, RAAMP was designed by a core group of analysts, property managers, and CFOs, and replaces over-engineered, overly complex industry solutions with a simple platform.

SCRA welcomes BrightMa Farms and looks forward to a continued partnership with RAAMP. SCRA fulfills its mission of fueling South Carolina’s innovation economy through its four programs, SC Academic Innovations, SC Facilities, SC Industry Solutions, and SC Launch.

 

About SCRA
https://scra.org/
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority (SCRA) fuels South Carolina’s innovation economy through the impact of its four programs. SC Academic Innovations provides funding and support to advance multi-institutional, translational research and accelerate the growth of university-based startups. SC Facilities offers high-quality laboratory and administrative workspaces for technology-based startups and academic institutions. SC Industry Solutions facilitates and funds partnerships between and among startups, industry, and academia. SC Launch mentors and funds technology-based startups that may also receive investments from SCRA’s investment affiliate, SC Launch, Inc.