The University of South Carolina’s Office of Innovation, Partnerships and Economic Engagement will create South Carolina Rising, a new state-wide investment program to identify, qualify and provide equity investments to promising early-stage technology companies based in South Carolina. The fund will be established in partnership with the South Carolina Research Foundation using a newly awarded $400,000 grant from the US Economic Development Administration Office of Innovation and Entrepreneurship.
As a part of the EDA’s “Build to Scale Capital Challenge Program,” the new grant will help the university continue to drive innovation and economic development in South Carolina. With a commitment to equitable inclusion across age, gender, race, and religious beliefs, South Carolina Rising will seek to support a variety of perspectives to help generate better ideas to solve complex problems of a changing world.
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