BERKELEY COUNTY, S.C. – Home Telecom has renewed its Diamond-level Partnership with the South Carolina Research Authority (SCRA) for the third consecutive year, contributing $200,000 to SCRA’s Industry Partnership Fund (IPF). SCRA contributes to the IPF to support companies and researchers in advancing impactful technologies in South Carolina.
“Home Telecom understands the challenges companies face when developing technology aimed at solving industrial, commercial and lifestyle problems that will improve the human experience,” said William S. Helmly, president and CEO of Home Telecom. “It can take time and resources for these companies to harness and implement that technology effectively.”
SCRA works with technology companies across the state to fuel South Carolina’s innovation economy. By accelerating growth in many areas of influence from academics to research, entrepreneurship, and industry, SCRA is providing an opportunity for the “next big thing” to take root in South Carolina.
“We are privileged to facilitate the next big things in innovation,” said SCRA President and CEO Bob Quinn. “To continue helping these innovators create high-paying jobs and provide advancements that benefit society as a while, we need support from partners like Home Telecom.
“We are incredibly grateful that Home Telecom continues to support our mission and the state’s innovation economy overall.”
In contributing to SCRA’s mission, Home Telecom is advancing an all-hands-on-deck approach that inspires and proliferates community and statewide partnerships and alliances to expand innovation even further.
Home Telecom has always held the belief that while as a company they can contribute significantly to the overall innovation economy, they cannot do it alone. It requires collaboration.
According to SCRA’s Fiscal Year Impact Metrics Report for 2023, SCRA’s economic impact on the innovation economy was $1.19 billion, up 3.3% from 2022.
SCRA and its affiliate SC Launch, Inc. awarded $4.8 million in grants and investment in 2023. Their startups have received $2.66 billion in follow-on investment capital since SC Launch’s inception in 2006.
That is the kind of innovation that makes a difference for business, academia, communities, and the technology industry as a whole.
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