South Carolina Research Authority announces funding opportunity for rural healthcare tech startups

CHARLESTON, S.C. (WCBD) – The South Carolina Research Authority announced a funding opportunity available to tech startups focused on improving rural health access on Wednesday.

The Tech Catalyst Fund is one of five initiatives within the state’s Rural Health Transformation Program. The program is brought to life by the Centers for Medicare and Medicaid Services and the South Carolina Department of Health and Human Services.

SCRA was chosen to administer the Tech Catalyst Fund by SCDHHS due to its expertise in fostering innovation, supporting startups, and driving economic development through investments.

“We look forward to partnering with SCRA to promote consumer-facing, technology-driven solutions to drive development and innovation across rural South Carolina,” said SCDHHS Director Eunice Medina. 

Non-dilutive funding will be provided to awarded tech startups that address the unmet needs in rural South Carolina, specifically focused on prevention and management of chronic diseases, while increasing quality, affordability, and access to care.

“The Tech Catalyst Fund will drive the development and deployment of medical innovations, bringing meaningful change to those who need it most,” said Bill Kirkland, SCRA President and CEO.

Prospective startups will have until June 25 to apply for this funding opportunity, after which a series of evaluations will take place. More information about eligibility can be found here.