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South Carolina R&D Tax Credit

Offers South Carolina innovation credits for startups linking universities, hospitals, and investors.

South Carolina Department of RevenueSouth CarolinaTax credit

The South Carolina Research Expenses Credit sits under the South Carolina Department of Revenue and rewards qualified research spending conducted in South Carolina. It is a state income tax credit for for-profit businesses, and it works alongside the federal R&D credit rather than replacing it. The benefit is annual, nonrefundable, and tied to tax liability rather than cash funding.

The credit eq…

AIBiotechEnergy TechHardwareAdvanced ManufacturingAdvanced MaterialsMedtechRoboticsSemiconductors

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 31 May 2026Source: dor.sc.gov