The South Carolina Research Authority recently accepted four new companies as members, while two others received new grant funding.
All SCRA Member Companies receive coaching, access to experts in SCRA’s Resource Partner Network, eligibility to apply for grant funding, and the potential to be considered for investment from SCRA’s investment affiliate, SC Launch Inc., according to a news release.
New members are DRAHOLA Technologies, Heirloom Cloud, Lynk-ed and Rapid Title.
DRAHOLA, based in Rock Hill, is an IT startup specializing in full-service special software development and consulting. DRAHOLA is the developer of yey’maps, a geospatial engineering company that uses flexible and intuitive cloud GIS solutions for the optimal implementation of geodata.
Heirloom Cloud is a Mount Pleasant-based IT company that makes it easy to enjoy photos, videos and other media. Their technology digitizes cherished media into a private social network where they can be shared with friends and loved ones, from any device.
Lynk-ed, based in Columbia, is an IT company that has developed a digital all-in-one card to help control schools and create a safer, more efficient and more organized learning environment.
Goose Creek-based Rapid Title has created an intelligent platform that interfaces with all participants in the titling process and helps to rapidly complete it.
Real Motors Inc. of Greenville received a $50,000 acceleration grant. The electric motorcycle manufacturer is developing an affordable, light-duty electric motorcycle targeted at urban commuting.
Apex Orthopaedic Technologies LLC received a $25,000 Academic Startup Grant. The North Charleston-based life science company produces a new surgical device called the R-FIX (Rib-FIXation) System, which uses rib fixation for the treatment of early-onset spinal deformity
Grant funding is made possible in part by the Industry Partnership Fund contributions that fuel South Carolina’s innovation economy. Contributors to the IPF receive a dollar-for-dollar state tax credit, making it an easy and effective way to help one of the fastest-growing segments of the South Carolina economy. Grant funding for member companies creates a direct, positive economic effect and job creation.