Four South Carolina Startups Granted $150,000 in Funding

News Summary

The South Carolina Research Authority (SCRA) has awarded $150,000 in grants to four innovative startups, supporting their groundbreaking projects. Agricarbon US Inc. received a $50,000 grant to relocate its headquarters, while Bio Streamline LLC earned $25,000 to improve organ transplant quality assessments. Blotting Innovations Inc. secured $50,000 for developing Western Blotting solutions, and Green Cape Health Inc. received $25,000 to advance its RheumApp for rheumatology. These grants foster growth and innovation in South Carolina’s dynamic startup ecosystem.

Exciting News from South Carolina: Four Startups Awarded $150,000 in Grants!

As everyone knows, the innovation scene in South Carolina is buzzing, and recently, some groundbreaking startups have been awarded grant money to further their fantastic ideas! On March 4, the South Carolina Research Authority (SCRA) announced an impressive total of $150,000 in grants distributed among four innovative companies. These grants will undoubtedly help these startups reach new heights, and we can’t wait to see what they have in store!

Meet the Awardees

First up is Agricarbon US Inc. from Piedmont, which received a substantial $50,000 relocation grant to set up its U.S. headquarters right in the heart of Piedmont! SCRA partnered with both the South Carolina Department of Commerce and Anderson County Economic Development to support Agricarbon’s move. What’s their angle? They measure carbon content in agricultural soil and natural landscapes to verify how much carbon dioxide is being removed. Quite an impressive focus on sustainability!

Next, we have Bio Streamline LLC based in Clemson University, which garnered a $25,000 academic startup grant. This company is working to commercialize a remarkable model that assesses donor allograft quality for organ transplants. Their efforts could make a significant difference in the world of organ donation, helping ensure that transplants are safe and beneficial for recipients.

Then there’s Blotting Innovations Inc. from Central, which walked away with a $50,000 federal matching grant. Their goal? To develop affordable Western Blotting solutions and create a 96-well product designed specifically for protein analysis in lab tests. This could greatly enhance laboratory efficiency and accuracy, making it easier for researchers to get results.

Finally, Green Cape Health Inc. of Greenville was awarded a $25,000 project development fund grant to further develop its standout product, the RheumApp. This is a patient-reported outcomes platform specifically aimed at rheumatology. With this tool, patients can report their outcomes more efficiently, paving the way for better management of their health conditions.

More Than Just Grants

But that’s not all! SCRA also recognizes the importance of ongoing support and has awarded a $50,000 demonstration grant to Lumiq Inc. located in Charleston. Plus, they’ve welcomed some new member companies into their fold, including Matty AI Inc. and SE.ai Inc., both hailing from Greenville. Matty AI has been making waves with its B2B AI-powered investment platform, creating software development kits for those looking to achieve financial growth. Meanwhile, SE.ai is dedicated to streamlining FDA 510(k) approvals using artificial intelligence, which helps reduce costs and increases the chances of successful submissions.

Let’s not forget about LCIX LLC from Mount Pleasant, who has also joined the SCRA community. This new membership allows these companies access to coaching, expert advice, grant eligibility, and possible investments from SC Launch, SCRA’s investment affiliate. It’s an exciting time to be part of the South Carolina startup ecosystem!

The Future Looks Bright

With these grants and support initiatives, South Carolina is creating an environment ripe for innovation and growth. The awarded startups are set to make significant impacts in their respective industries, and it’ll be fascinating to watch how their journeys unfold.

If you’re interested in staying updated about these developments and more, check out scra.org for information on grants and support available for new startups in the region. With a community rallying behind these innovative efforts, the possibilities are endless!

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Author: HERE Myrtle Beach