It seems like today more than ever researchers, entrepreneurs and academics are jumping at the opportunity to launch startups. The component stopping most from transforming their idea into a business boils down to funding. In the second episode of our four-part mini series where we sit down with South Carolina’s top investors and leaders, we navigate the topic of public funds.
3Phase SC Program Manager, Kyle Salazar, and South Carolina Research Authority SC Launch Director, Matt Bell, share how their funding companies help early stage businesses get their ideas off of the ground so they can make an impact on the world. They explain the key indicators of success and growth, including accurate market identification, that their companies require before awarding grant applicants with early stage or accelerated grants. For entrepreneurs trying to understand funding allocations, Kyle identifies the three phases of feasibility, product development and commercialization as they pertain to grants.
In this second episode, Matt and Kyle join our hosts Joseph Nother and Laura Corder to discuss tech-development funds and grant making capabilities. Listen here for exclusive advice on how to take your company from the pre-investment phase to an equitable, low-risk business, with the help of federal funds.