SC Launch, Inc.

SC Launch, Inc. is a pivotal independent, non-profit corporation deeply embedded in the economic development landscape of South Carolina. As an investment affiliate of the South Carolina Research Authority (SCRA), its primary mission is to foster the growth of technology-based startups within the state. The organization plays a crucial role in nurturing the entrepreneurial ecosystem by providing not only capital but also strategic guidance and support to promising early-stage companies. This commitment to local innovation underscores its dedication to creating jobs and driving economic prosperity across South Carolina.

The investment strategy of SC Launch, Inc. is tailored to support companies at various stages of their development, primarily through its Seed Fund and Accelerator Fund. The Seed Fund is designed for early-stage ventures, offering initial capital typically up to $200,000. For companies that have demonstrated significant progress and are ready for scaling, the Accelerator Fund provides follow-on investments, which can extend up to $500,000. Initial investments for companies generally fall within the range of $25,000 to $200,000, reflecting a focus on foundational support for nascent businesses. Beyond direct funding, SC Launch, Inc. also provides grants and loans, alongside valuable mentorship, networking opportunities, and other support services, ensuring a holistic approach to company growth.

Since its inception, SC Launch, Inc. has made a substantial impact on South Carolina's startup community. The organization has invested over $100 million in South Carolina companies, demonstrating a significant commitment to local innovation. This substantial capital deployment has enabled a diverse portfolio of technology-driven enterprises to develop and scale. Furthermore, SC Launch, Inc. has supported over 900 companies, highlighting its extensive reach and influence in cultivating a vibrant and resilient entrepreneurial environment. Its strategic investments and comprehensive support services are instrumental in transforming innovative ideas into sustainable businesses, thereby strengthening the state's economic future.