On Tuesday, July 2, 2024, the U.S. Department of Commerce’s Economic Development Administration (EDA) named the SC Nexus for Advanced Resilient Energy (SC NEXUS) one of 12 tech hub recipients of the agency’s implementation funding round. SC NEXUS will receive $45 million from the federal agency, divided among four of the six projects included in S.C. Commerce’s phase two funding application.
“South Carolina is the place for businesses to excel from launch to legacy – the funding for and work through SC NEXUS will enhance speed to market when it comes to developing and deploying technologies that will help our state, the nation and the world meet the ever-growing energy needs,” said Secretary Harry M. Lightsey III.
The funding for SC NEXUS projects will better position the tech hub as it leverages the region’s dynamic manufacturing base, superior research capabilities, and proven record of public-private collaboration to commercialize emerging energy storage materials and manufacturing techniques.
Read the full SC NEXUS funding announcement here, or learn more about the SC NEXUS Tech Hub.
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