- With a one-time founding grant of $500,000 and 1,400 unused acres, the SC Legislature created SCRA in 1983 to help develop technology-based
With a one-time founding grant of $500,000 and 1,400 unused acres, the SC Legislature created SCRA in 1983 to help develop technology-based industries in the state. Throughout the past 30 years, SCRA has grown into a self-sustaining company with a mission to support technology and job creation, generating its own revenues and receiving no tax appropriations from the state.
Through our Technology Ventures sector and its flagship SC Launch program, early stage, start-up businesses grow through investment and support; technologies are commercialized and inventions make it to the marketplace more quickly.
The Applied R&D sector competitively wins and delivers R&D programs to federal and corporate clients, solving problems in a wide range of industries including: shipbuilding, aerospace, advanced materials, ordnance, manufacturing, defense and security. Working closely with the Department of Defense, similar government agencies and over 300 corporations from around the world, our programs deliver high returns on investment, saving money and improving efficiency.