Greenville R&D Tax Credit: Key Benefits for Businesses

R&D Tax Credits for Greenville, South Carolina Businesses

Greenville, South Carolina, thrives in industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Prisma Health, a leading healthcare provider; Furman University, a major educational institution; Michelin, a significant manufacturing employer; the Haywood Mall, a key player in the retail sector; and Fluor Corporation, a prominent technology company. The R&D Tax Credit can provide tax savings for these industries by incentivizing innovation and technological advancements.

find out more

Are you eligible?

Why choose us?

Pass an Audit?

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 4000 South Faber Place Drive, Charleston, South Carolina is less than 210 miles away from Greenville and provides R&D tax credit consulting and advisory services to Greenville and the surrounding areas such as: Greer, Mauldin, Simpsonville, Taylors and Spartanburg.

If you have any questions or need further assistance, please call or email our local South Carolina Partner on (843) 459-7912.
Feel free to book a quick teleconference with one of our South 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.

Schedule a Teleconference

Greenville, South Carolina Patent of the Year – 2024/2025

Soteria Battery Innovation Group Inc. has been awarded the 2024/2025 Patent of the Year for its breakthrough in lithium-ion battery safety and longevity. Their invention, detailed in U.S. Patent No. 12009472, titled ‘Long cycle-life wound lithium-ion battery cells having metallized film current collectors’, introduces a novel battery architecture that enhances both performance and safety.

Soteria’s design replaces traditional solid metal current collectors with metallized polymer films. These films act like internal fuses, burning out around short circuits to prevent thermal runaway. This innovation not only mitigates fire risks but also allows the battery to continue functioning after damage.

The wound cell structure, combined with the flexible metallized films, accommodates expansion and contraction during charge cycles. This flexibility reduces mechanical stress, leading to a significant increase in the battery’s cycle life. Additionally, the use of less metal decreases weight and material costs, while improving energy density.

This advancement holds promise for applications in electric vehicles, portable electronics, and energy storage systems, where safety and longevity are paramount. Soteria’s innovation represents a significant step forward in making lithium-ion batteries safer and more reliable for widespread use.