SCRA and SC Launch Inc. announce an additional $1.5 million for coronavirus-focused companies
The South Carolina Research Authority (SCRA) and its investment affiliate, SC Launch Inc. have dedicated an additional $1.5 million in funding to support businesses that are providing coronavirus-related solutions and to help their current portfolio companies continue to meet their financial goals during this time.
In a news release announcing help for 14 companies, SCRA Executive Director Bob Quinn said, “Our mission of fueling South Carolina’s innovation economy includes answering the call to help during this COVID-19 pandemic. Many of our current client companies were already providing or developing solutions related to COVID-19 while others quickly pivoted to address the pandemic. We are proud to be able to provide the support necessary to maximize the impact of these solutions.”