News Summary
The South Carolina Research Authority (SCRA) has announced the addition of Realize Ascent LLC to its membership, an innovative agriculture IT startup specializing in advanced analysis solutions. Alongside this, SCRA has also allocated grants to four existing member companies, including CarbonCents and Oncoblaze, aimed at supporting technological advancement and innovation in various sectors. This initiative underscores SCRA’s commitment to fostering growth and sustainability in South Carolina’s economy.
Charleston, SC – The South Carolina Research Authority (SCRA) has recently expanded its membership by welcoming a new member, Realize Ascent LLC, an innovative agriculture IT startup located in Charleston. Realize Ascent specializes in providing advanced laboratory and in-field analysis solutions designed to enhance clarity, quality, and profitability within agricultural, food, and manufacturing supply chains.
The services offered by Realize Ascent include high-accuracy 3-D scanning, parts trial management, 3-D printing, and custom fixtures, all aimed at improving operational efficiency for stakeholders in these industries. This addition reflects SCRA’s commitment to fostering technological advancement and supporting businesses that provide valuable solutions to pressing industry challenges.
In addition to welcoming a new member, SCRA has allocated grant funding to four existing member companies. These companies include CarbonCents, Oncoblaze, Torpedo Bio, and Volare Boats, each of which is focused on making strides in their respective fields.
CarbonCents Inc., headquartered in Walhalla, received a $50,000 Demonstration Grant aimed at helping organizations measure and evaluate energy costs and emissions across multiple sectors. This funding is intended to assist companies in making informed decisions that can lead to enhanced sustainability practices.
Oncoblaze LLC, based in Charleston, is the recipient of a $50,000 Federal Matching Grant for the development of targeted therapies aimed at treating cancer cells that remain after surgical procedures. The funding is expected to facilitate innovation in cancer treatment methodologies, providing essential support for ongoing research and clinical applications.
Torpedo Bio LLC, which is affiliated with the Medical University of South Carolina, received a $25,000 Academic Startup Grant to advance solutions in cellular immunotherapy specifically for solid tumors. The grant will contribute to critical research efforts, aimed at improving treatment outcomes for cancer patients.
Lastly, Volare Boats LLC, located on Johns Island, was awarded $25,000 in startup funding dedicated to developing a fully electric vessel platform suitable for various maritime applications. The initiative aligns with growing environmental concerns and the push toward sustainable boating options.
This funding initiative is partially supported by SCRA’s Industry Partnership Fund (IPF), which operates as a tax credit program designed to bolster innovation within the state. SCRA’s commitment to the growth and success of its member companies is further evidenced by the range of resources available to them, including coaching, access to startup tools, and opportunities to apply for additional grant funding or investments from SC Launch Inc., SCRA’s investment affiliate.
The recent expansion of SCRA’s membership and grant disbursements highlights the organization’s focus on supporting innovative businesses that drive economic growth and technological advancement within South Carolina. By fostering collaboration and providing essential funding, SCRA aims to create a robust ecosystem for startups and established firms alike, facilitating a vibrant economic landscape across the region.
As SCRA continues to enhance its support for member companies and to attract innovative enterprises like Realize Ascent, the authority remains committed to promoting technological progress and sustainable practices that can transform industries.
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Additional Resources
- The State: South Carolina News
- Wikipedia: South Carolina
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- Google Search: South Carolina
- Greenville Business Magazine: SC Best in Business
- Encyclopedia Britannica: South Carolina
- Outside Online: Best Places to Work 2024
- Google News: South Carolina Businesses
- Forbes: Best Employers by State
- Google Scholar: South Carolina Entrepreneurship
- Cola Today: Top Industries and Employers in Columbia SC
