Why relocate your R&D company to SC?
From inception to marketable innovation, South Carolina fosters an ecosystem of research and development. Innovations in substrates, formulations, processes and products create differentiating business advantages. Our talent is cultivated through programs that nurture curiosity and empower exploration of answers.
SC Research and Development Facts
Here, innovation is not just a way of thinking, but a way of doing.
Access to research facilities
South Carolina Research Authority (SCRA) supports research by providing research parks, wet labs, secure facilities, advanced manufacturing and IT infrastructure.
SCLaunch® helps facilitate applied research, product development and commercialization programs by providing investments, grant matching and mentoring to early-stage R&D companies.
Strong, reliable broadband
Companies like yours are looking for reliable broadband. We are focused on delivering high-speed internet and support services to businesses and communities all over South Carolina.
SC’s tax incentives for Research and Development
South Carolina has a R&D Tax Credit specifically to reward companies for increasing research and development in a taxable year. SC offers a credit equal to 5% of the taxpayer’s qualified research expenses as defined in Section 41 of the Internal Revenue Code. The credit taken in any one taxable year may not exceed 50% of the company’s remaining tax liability after all other credits have been applied. Any unused portion of the credit can be carried forward for 10 years from the date of the qualified expenditure.
Research and Development Centers in South Carolina
Move your company from what it is to what it could be.
We invite you to find out more about research and development in SC.