Greensboro R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Greensboro, North Carolina Businesses

Greensboro, North Carolina, is known for industries such as manufacturing, healthcare, education, retail, and transportation. Top companies in the city include Volvo Trucks, a leading manufacturing company; Cone Health, a major healthcare provider; the University of North Carolina at Greensboro, a significant educational institution; Walmart, a key player in the retail sector; and FedEx, a prominent transportation company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 6255 Towncenter Drive, Clemmons, North Carolina is less than 40 miles away from Greensboro and provides R&D tax credit consulting and advisory services to Greensboro and the surrounsing areas such as: Durham, Winston-Salem, High Point, Burlington and Chapel Hill.

If you have any questions or need further assistance, please call or email our local North Carolina Partner on (984) 480-4601.
Feel free to book a quick teleconference with one of our North Carolina R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Greensboro, North Carolina Patent of the Year – 2024/2025

URO-1 Inc. has been awarded the 2024/2025 Patent of the Year for innovation in medical sample handling. Their invention, detailed in U.S. Patent No. 11977010, titled ‘Method and apparatus for dislodging core tissue biopsy samples from core collectors and for storing and preparing samples for pathology’, simplifies and streamlines how tissue biopsies are processed.

This new technology tackles a common problem in pathology labs. It automates the removal of core tissue samples from biopsy needles and transfers them into storage containers for analysis. The process reduces manual handling, helping to preserve sample integrity while speeding up preparation time.

By improving accuracy and consistency in sample handling, URO-1’s system reduces the risk of damage or contamination. It ensures biopsy material is collected, dislodged, and stored with minimal intervention, which benefits both patients and clinicians by supporting more reliable diagnoses.

The invention is especially useful in urology and other medical fields where tissue sampling is routine. It could lead to faster lab workflows, less waste, and fewer errors in critical testing procedures. URO-1 Inc.’s breakthrough highlights how smart engineering can directly enhance healthcare quality and efficiency.