Summerville, S.C. – Jaya Biosciences and OrthoTract Innovations were accepted as South Carolina Research Authority Member Companies. ElectroWire received new grant funding.
All SCRA Member Companies receive coaching and access to SCRA’s Member Benefits and Startup Resources, can apply for grant funding, and have the potential to be considered for investment from SCRA’s investment affiliate, SC Launch Inc.
ElectroWire Corporation received a $50,000 Acceleration Grant. The Lexington-based medical device company is seeking to simplify access to the left atrium of the human heart with its ElectroWire transseptal system.
Jaya Biosciences Inc. has been accepted as an SCRA Member Company. The Greenville-based life science startup is developing central nervous system-directed gene therapies for genetically defined neurodegeneration, including Alzheimer’s, frontotemporal dementia, and Parkinson’s diseases. Jaya’s therapies have the potential to restore the normal lysosomal gene function and prevent disease progression.
OrthoTract Innovations LLC has been accepted as an SCRA Member Company. The Greenville-based life science startup has developed the RamTractor device, a novel surgical retractor that addresses critical unmet needs in limb surgery by enhancing efficiency and patient safety. The device increases access to the surgical site, increases stability, and eliminates the need for an assistant.
SCRA welcomes these new Member Companies and congratulates the one that received funding.
Grant funding is made possible, in part, by SCRA’s tax credit program, the Industry Partnership Fund, and its contributions that fuel the state’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.
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About SCRA
https://scra.org/
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority fuels the state’s innovation economy through the impact of its comprehensive services to technology-based startups, academia, and industry. SCRA provides funding and support to accelerate the growth of academic startups; high-quality lab and administrative workspaces; facilitation and funding for partnerships between and among industry, startups, and academic institutions; assistance and funding for the relocation of technology-based companies to South Carolina; and coaching and funding for startups that may also receive investments from its affiliate, SC Launch Inc.
Media Contact
Adrianne Grimes
Director of Marketing and Communications, SCRA
843- 277-7295
adrianne.grimes@scra.org
