In November, Go Fig received a $25,000 Project Development Fund Grant from the South Carolina Research Authority. The Greenville-based information technology startup’s software enables finance and product teams to perform advanced analytics on large datasets with the familiarity of spreadsheet functions.
Go Fig became a member of the SCRA earlier this summer and has shown strong early indicators of growth and traction. The promising early stage startup will be using the funds to support ongoing product development, develop a Go-to-Marketing strategy and expand marketing efforts.
The South Carolina Research Authority, or SCRA for short, is a nonprofit organization that fuels the state’s innovation economy by accelerating technology-driven growth in AI, technology, research, academia and industry through funding, expertise, and network.
What the Project Development Fund supports
SCRA’s Project Development Fund is a non-dilutive grant designed for Member Companies working through a specific, commercially meaningful product or market milestone. Non-dilutive matters at the early stage: unlike equity capital, grant dollars don’t come with dilution, board seats, or a liquidity clock. They fund the thing you’d otherwise have to wait for a priced round to do.
For Go Fig, that meant three specific pushes: accelerating the AI analyst infrastructure underneath Celeste, sharpening the go-to-market focus on mid-market finance leaders, and getting the first rounds of customer-case-study content in front of the right audiences.
Why SCRA’s validation matters
SCRA is not a passive check-writer. Member Companies go through a diligence process, and the organization actively connects founders to customers, technical advisors, and follow-on capital sources. Being admitted as a Member Company was itself a meaningful signal; the grant on top was confirmation that the early traction was real.
More broadly, SCRA’s role in the South Carolina innovation ecosystem is hard to overstate. For technology startups without easy access to Bay Area or New York capital networks, SCRA, combined with programs like Furman’s Hill Institute and the Greenville EDC, is a large part of what makes Greenville a viable place to build a deep-tech company.
What’s next
The funds are already in motion. Subsequent product releases brought bi-directional Excel sync, the Financial Intelligence Graph, and Celeste, the AI financial analyst that performs data pulls, reconciliation, segmentation, and scenario modeling inside the tools finance teams already use.
Thanks to SCRA, the Go Fig team, and the customers putting the product through its paces.
