SCRA is a non-stock, tax-exempt applied research corporation with headquarters in South Carolina. SCRA was started by the SC Legislature under a public charter to help develop technology-based industries in the state. SCRA was formed in 1983 with a founding grant of $500,000 and 1,400 undeveloped acres, and has been self-sufficient for funding since that time. Revenues are generated primarily through competitively won applied research contracts awarded by the federal government and about 200 corporations. SCRA has three key missions which define our divisions. SCRA Technology Ventures helps early-stage technology companies grow their businesses and commercialize their products. SCRA Applied R&D creates and leads teams from many industries, organizations and disciplines to develop and apply technology solutions to complex challenges. SCRA R&D Facilities builds and manages state-of-the-art laboratories, advanced manufacturing facilities and secure spaces for sensitive work. These facilities are critical infrastructure for the Knowledge Economy, where innovators develop and commercialize new technologies.
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