January 14, 2022

USC Columbia Technology Incubator awarded $50,000 grant

Courtesy The University of South Carolina

The USC Columbia Technology Incubator has been awarded $50,000 as a part of the Small Business Administration’s (SBA) Growth Accelerator Fund Competition (GAFC) to support the 3PhaseSC pre-SBIR/STTR accelerator. The $50,000 will be used to better serve underrepresented entrepreneurs in South Carolina by recruiting and mentoring up to 12 women-owned businesses focused on health care and pharma supply chain to grow entrepreneurs’ readiness to join the 3PhaseSC program and apply to Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.

3PhaseSC through the USC Columbia Technology Incubator was one of 84 nonprofits in the country to be recognized as a winner of the GAFC. Over the past three years, 3PhaseSC has provided support to numerous organizations across South Carolina leading to more than $20 million in SBIR/STTR funding. USC Columbia Technology Incubator is looking to increase those numbers by identifying and supporting women-led companies in S.C. with the tested and experienced wisdom of mentors, support and coaching to increase their applications to NIH and other health-focused solicitations through rigorous partnership development, customer discovery and business model canvas preparation work in advance of their application process.