Financial Information

SCRA remains self-sustaining through contributions to the Industry Partnership Fund (IPF), income generated from tenants in our Innovation Centers and the proceeds from the sale of our government contracting affiliate, ATI. The IPF is an annual, $6 million private contribution fund established by the South Carolina Legislature. The Fund offers one-for-one state tax credits to contributors as a way for the state to inject seed money into the growth of promising technology-based businesses. As our companies grow, they generate returns which are funneled back into the program to support new companies.