The Work Index by Flexa

SCRA

SCRA is a public, non-profit corporation chartered in 1983 by the State of South Carolina to fuel its innovation economy.

6.1

/10

Transparency ranking

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Description

SCRA, the South Carolina Research Authority, is a public, non-profit corporation chartered in 1983 by the State of South Carolina. Their mission is to fuel the state's innovation economy by accelerating technology-enabled growth in academia, entrepreneurship, and industry. SCRA offers a variety of programs and services to support these goals, including funding for research and development, coaching and mentoring for startups, and investment capital for promising companies. They also provide high-quality laboratory and administrative workspaces for technology-based startups and academic institutions, and facilitate partnerships between industry, startups, and academic institutions.

SCRA's impact on South Carolina's economy is significant. In fiscal year 2023, they provided over $4.8 million in funding to member companies, portfolio companies, and academic institutions, supporting over 5,800 jobs in the state. Their investment affiliate, SC Launch Inc., has invested in numerous high-potential technology companies that have gone on to achieve successful exits, generating significant returns for the organization and further fueling the state's innovation economy.

Flexibility

SCRA offers flexible work arrangements for its employees, including the ability to work from home and a variety of paid time off options such as paid parental leave and vacation time. They also provide tuition reimbursement and a 403b and 457b program for retirement savings.

Benefits

SCRA offers a comprehensive benefits package to its employees, including medical, dental, and vision insurance, a competitive salary, tuition reimbursement, paid time off, a 403B and 457B program, paid parental leave, and opportunities for staff team events. They also encourage employees to participate in voluntary and charitable work.

Mission

SCRA, the South Carolina Research Authority, is a public, non-profit corporation dedicated to fostering innovation and economic growth in South Carolina. They aim to accelerate technology-enabled growth across academia, entrepreneurship, and industry. This is achieved through a variety of initiatives, including providing funding and support for academic research and startup companies, connecting industry with innovators, and offering lab and office space for technology-based ventures. SCRA's mission is to make South Carolina a leading hub for technology-focused businesses, entrepreneurs, and academics.

Not-for-profit
Science and research driven
Social impact led
Sustainability

Culture

SCRA promotes a culture of innovation, collaboration, and inclusion. They value integrity, respect, stewardship, courage, and creativity in their employees. They encourage a collaborative environment where everyone feels respected and empowered to contribute their unique perspectives. This fosters a supportive and welcoming workplace that values teamwork and diversity.

Collaborative
Entrepreneurial
People-first
Progressive
Supportive

DE&I

SCRA is committed to fostering a culture of inclusion and valuing diversity. They believe that each individual's point of view matters and that everyone deserves to feel included. They are working to build an environment where employees are embraced for who they are, empowering them to use their voices to help others find theirs. By valuing their differences, SCRA aims to solve challenges together, build safety and trust, and create a sense of belonging for all.

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