en.Wedoany.com Reported - The Tech Catalyst Fund, managed by the South Carolina Research Authority (SCRA), will provide funding to tech startups dedicated to improving rural healthcare accessibility. This fund is one of five initiatives under South Carolina’s Rural Health Transformation Program.

The program is administered by the Centers for Medicare & Medicaid Services (CMS) and the South Carolina Department of Health and Human Services (SCDHHS). SCDHHS has contracted with SCRA to manage and execute the Tech Catalyst Fund. Bill Kirkland, President and CEO of SCRA, stated that being selected to help address chronic disease issues in rural communities reflects the organization's commitment to health technology innovation across the state, and that the program will serve as a key catalyst for advancing solutions to reduce the burden of chronic diseases.

Funding will focus on the prevention and management of chronic diseases, as well as improving care quality, affordability, and accessibility. The Tech Catalyst Fund will provide non-dilutive funding to early-stage medical technology companies, aiming to support the development and deployment of healthcare innovations for rural communities in South Carolina. The Rural Health Transformation Program is supported by CMS, under the U.S. Department of Health and Human Services, as part of a financial assistance award totaling over $200 million, with 100% of funding provided by CMS and HHS. Information on eligibility, application requirements, deadlines, and frequently asked questions is available through SCRA.

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