Dominion Energy Contributes $200,000 to South Carolina Innovation
by Cherish | Aug 27, 2021 | News |
Summerville, S.C. – Dominion Energy, a leading energy provider, has contributed $200,000 to South Carolina Research Authority (SCRA’s) Industry Partnership Fund
(IPF). The IPF funds SCRA’s programs, including grants to eligible SCRA Member Companies and to academic research projects that are producing industry solutions.
include the funding of over $3.3 million to selected colleges and universities for translational research projects to address key challenges facing the state’s industrial base. These grants produce a direct positive economic effect.
Dominion Energy is among South Carolina businesses and individuals receiving a dollar-for-dollar state tax credit for investing in the state’s innovation economy. A robust innovation economy means cutting-edge technologies and higher-paying jobs for South Carolina.
Providing energy to 16 states, Dominion Energy offers reliable, affordable, clean energy to more than seven million customers. They are a leader in the clean energy transition, with a commitment to achieving net-zero carbon dioxide and methane emissions from their power generation and gas infrastructure operations by 2050.
“At Dominion Energy, we believe in embracing change, and fostering innovative thinking is a big part of that,” said Rodney Blevins, President of Dominion Energy South Carolina. “We are proud to support tech startups that are strengthening our economy through innovation.”
“We have the wonderful opportunity to fuel innovation in our state. It is happening at our colleges and universities, and in tech startups around the state. Funding is a main factor in the success of all this activity, and we would not be able to provide it without partners like Dominion Energy. They continue to recognize our mission and join in it with us,” said Bob Quinn, SCRA Executive Director.
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority (SCRA) fuels South Carolina’s innovation economy through the impact of its four programs. SC Academic Innovations provides funding and support to advance translational research and accelerate the growth of university-based startups. SC Facilities offers high-quality laboratory and administrative workspaces for technology-based startups and academic institutions. SC Industry Solutions facilitates and funds partnerships between and among startups, industry, and academia. SC Launch mentors and funds technology-based startups that may also receive investments from SCRA’s investment affiliate, SC Launch, Inc. SCRA is a proud sponsor of i4Series.
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