This week, SC Launch, Inc. — the investment affiliate of the South Carolina Research Authority (SCRA) — announced a $400,000 investment in Johns Island–based SafeMedWaste, Inc., the company behind the SafeMedWaste™ on-site controlled-substance destruction system.
The headline number matters. The signal underneath it matters more.
SCRA does not write checks for science projects. Its diligence process exists to identify South Carolina companies whose technology can scale into national markets — and whose category is large enough, real enough, and defensible enough to justify follow-on capital. When SCRA backs a company, it is making a statement about the category as much as the company. Read More >
