The South Carolina Research Authority (SCRA), a public, nonprofit organisation dedicated to advancing the state’s innovation economy, announced significant funding initiatives on December 10. The SCRA has awarded a total of $75,000 in grants to two promising startups based in the region: Go Fig AI LLC, located in Greenville, and Sojourn MedTech LLC, affiliated with Clemson University.

Go Fig AI received a project development fund grant amounting to $25,000. This innovative information technology startup has created software that enables business owners to consolidate their data within a single platform. By utilising AI-powered data management, the software provides insights into key business queries, autonomously conducts analytics, executes various tasks, and automates recurring reporting, thus enhancing operational efficiency.

Sojourn MedTech, another recipient of the funding, was awarded a federal matching grant of $50,000. The company has pioneered a smart simulator known as CanSim, which is equipped with advanced hardware and software designed for the evaluation and training of clinic personnel aimed at improving dialysis procedures. This development highlights a growing trend within health technology to utilise simulation and AI to enhance training methodologies and patient care.

In addition to these notable grants, the SCRA awarded a $30,000 demonstration grant to Advent Innovations LLC of Columbia, a $50,000 acceleration grant to Imagine Home Digital Inc. of Johns Island, and a $25,000 project development fund grant to Qatalyst Health Corp. based in Charleston. These grants further extend SCRA's commitment to fostering innovation across various sectors in South Carolina.

Several new companies have also joined the ranks of SCRA member companies, broadening the collaboration environment for innovation. The new members include Bio Streamline LLC of Clemson University, which focuses on refining the processes for measuring and assessing meniscus allografts for faster and more accurate donor matching; Brokerbase LLC, which is enhancing the capabilities of boutique real estate brokers through technology; and Ducklinks Inc., which offers a subscription-based platform personalised to provide event recommendations and exclusive deals for family-friendly activities.

Additionally, Graphio Corp. of Indian Land, Marine Diagnostic Tools LLC of Irmo, Politexts LLC of Columbia, and VayuClear Inc. of Mount Pleasant have also been welcomed as member companies. Membership not only provides these businesses with access to valuable resources such as coaching and expert advice, but also eligibility for grants and investment opportunities from the SCRA’s investment affiliate, SC Launch.

For more information on the SCRA and its initiatives, interested parties can visit scra.org, where further details regarding these grants and member companies are available.

Source: Noah Wire Services