SCRA remains self-sustaining through contributions to the Industry Partnership Fund (IPF), income generated from tenants in our facilities and the proceeds from the sale of our government contracting affiliate, ATI.
ABOUT THE INDUSTRY PARTNERSHIP FUND
The IPF is an annual contribution fund, currently capped at $6 million. The IPF was established by the South Carolina Legislature and offers a one-for-one state tax credit to contributors. The Fund is used to accelerate technology-enabled growth in research, academia, entrepreneurship and industry.
CONTRIBUTE TO THE IPF
Contributors receive a 100% state tax credit for contributions to the Industry Partnership Fund. The fund helps fuel the innovation economy in South Carolina.
Our team works to fuel the innovation economy by accelerating technology-enabled growth in research, academia, entrepreneurship and industry. This annual report outlines our program areas as well as highlights innovation occurring across the state.