Home Telecom Contributes $200,000 to SC Innovation

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Summerville, S.C. – Home Telecom, a Charleston-area leader and innovator in the telecommunications industry, 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.

Recent grants include $25,000 to ConusCoat, LLC, a Clemson University-based tech startup, $25,000 to Sustain Edu, Inc., a College of Charleston-based tech startup, and $25,000 to Tested HQ, a Mauldin-based tech startup. These grants produce a direct positive economic effect and job creation.

Home Telecom 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.

Home Telecom provides high-quality business and residential voice, internet, security, and entertainment services throughout the Lowcountry area of South Carolina. In addition to their broadband-based services, Home Telecom offers work space for startup, small, and large companies in its technology center located in the Nexton community of Summerville. Called Concept, and managed by Bridge Commercial, the center provides high-tech, collaborative workspace.

“Being in the technology industry, we understand the need for investment in this sector. We believe in SCRA’s mission and see our contribution as an easy way to fund early-stage startups that are growing our economy and providing technological solutions that benefit all of us,” said William Helmly, Home Telecom, President and CEO.

“We work hard everyday to ensure that our state is a leader in technology and innovation. We could not accomplish our mission without steadfast partners like Home Telecom that recognize the importance of investing their dollars back into other technologies and companies that are growing our economy,” said Bob Quinn, SCRA Executive Director.

SCRA is grateful for Home Telecom’s commitment to sharing the mission of fueling South Carolina’s innovation economy.

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About SCRA
https://scra.org/

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.

Media Contact
Adrian Grimes
Director of Marketing and Communications, SCRA
O: (854) 888-2033
C: (843) 277-7295
adrian.grimes@scra.org