South Carolina Technology Alliance
Help Support Technology in South Carolina Help Support Technology in South Carolina

The South Carolina Technology Alliance

continues to be the leading advocate for South Carolina's technology-based businesses, serving as a highly effective representative before State and local government. SCTA represents over 850 innovation technology companies that have used the Alliance support as they work to grow their tech businesses.

 

SCTA has amassed a strong track record of achievement in successive legislative sessions.

Technology, in all of its forms and functions, represents one of the most important components of South Carolina's innovation economic growth. There are over 46,086 technology related employees working across our state. Their average income is $58,307 which is 73% higher than other private sector employment.

 

The South Carolina Technology Alliance works with our elected officials and government leaders promoting legislative and regulatory changes and improvements to help technology-based enterprise thrive in Indiana.

The slate of technology related policy changes advocated by the South Carolina Technology Alliance is very impressive.  In recent years SCTA has provided major support and have highly impacted the legislature area such as, The Centers of Excellence Bill, the South Carolina Venture Capital Investment Act, the Jobs Creation Act, The Innovation Centers Bill and the Innovation Fund, as well as, FastTracSC Funding, Education and Economic Development Act, Small Business Tax Reform, Workforce Education and tax abatements for information technology (IT) and logistics equipment; a new sales tax exemption for R&D equipment; an increase in available venture capital tax credits; key appropriations for the Greenwood Genetics' Incubator,  among many others.

 

The South Carolina Technology Alliance will continue to help develop and generate new policy ideas and is a credible voice for technology interests across our state.

 

The Objectives of SCTA:

 

Preparing a technology-capable workforce

  • Establish a collaborative process to: continuously convey the needs of technology-intensive industries to education providers at all levels and institute a set of metrics to ensure success.
  • Support ongoing initiatives and establish new initiatives to teach skills relevant to technology-intensive industries, raise expectations and performance standards, and increase accountability in our K-12 system.
  • Increase support for the technical colleges to align their training programs with the needs of technology industries.
  • Increase support for college and university educational programs to align them with the needs of technology-intensive industries.

Create a business environment that is friendly to technology intensive companies

  • Form strategic alliances, within both the state and the southeastern U.S., to leverage and expand the technology-related support available for start-ups and other rapidly growing technology-intensive firms.
  • Ensure that South Carolina's economic development incentives are competitive for attracting and retaining knowledge-based businesses.
  • Create a "cyber friendly" business environment.
  • Enhance and sustain a world-class telecommunications infrastructure.

Invest to expand the base of rapidly growing companies and start-up businesses

  • Promote alliances among industry, universities and state government to invest in world-class scholars.
  • Develop technology maturation and commercialization services to support rapidly growing technology-intensive companies, especially start-ups.
  • Provide coordinated technology extension services that support existing and emerging companies.
  • Develop strategies for recruiting technology-intensive companies.

Invest in world-class university research programs that are directly linked to South Carolina industry 

  • Promote alliances among industry, universities and state government to invest in world-class scholars.
  • Invest in new and existing university research infrastructure, including laboratories, buildings, equipment and information technology.
  • Align university research and technology transfer priorities with the needs of the state's technology-intensive businesses.
  • Develop incentives to reward institutions that achieve success in linking their science and engineering programs with the state's economic development priorities.