We are thrilled to announce that SimXity AERO has been officially accepted as a member of the South Carolina Research Authority (SCRA), a public, nonprofit corporation chartered by the South Carolina legislature in 1983.
About SCRA
SCRA plays a central role in South Carolinaโs innovation economy by supporting technology-driven startups, academic-based research, and commercialization of breakthrough ideas. Their mission is to fuel growth, create high-quality jobs, and connect entrepreneurs with the right resources to succeed.
SCRA provides:
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Coaching and mentorship for early-stage startups
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Grant funding and industry matchmaking to accelerate growth
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Custom-designed facilities to support R&D and commercialization
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An investment pathway through SC Launch Inc., SCRAโs affiliate for high-growth Member Companies. Startups that receive these investments become SC Launch Inc. Portfolio Companies.
The impact of SCRA in 2024
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$1.33 billion contributed to South Carolinaโs economy
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6,624 jobs supported with an average salary of $91,794 (71% higher than the state average)
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$5.22 million awarded in grants and investments to startups and academic research projects
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Since 2006, SCRA and SC Launch Inc. Portfolio Companies have secured more than $2.92 billion in follow-on funding
What this means for SimXity AERO
Joining SCRA is a major milestone for us. It confirms the strength of our vision and opens new opportunities for scaling our aviation training and certification technologies. Through this membership, we will gain access to an incredible support network, from coaching to investment opportunities, as well as the guidance of our Relationship Manager, Meghan Corsello, who will serve as mentor and advocate within SCRA.
We are proud to join the SCRA family and excited to contribute to South Carolinaโs thriving innovation ecosystem. โ๏ธ๐
๐ Learn more about SCRA: www.scra.org
