Economic Development

Thank you for that kind introduction, and for inviting me to join you today. I hope you’ve had a good summer, whether spending time with family, celebrating our 250th, watching the World Cup, or just enjoying the air conditioning. I spent time...

Preliminary analysis by NAFSA: Association of International Educators and JB International indicates a projected decline in international student enrollment for Fall 2026, with cascading effects on U.S. economic contribution and jobs supported....

Visitors to the Columbia region generated a $3.0 billion economic impact in 2025, spending $1.9 billion throughout the local economy and supporting 23,731 jobs, according to the latest Economic Impact of Visitors to Columbia, SC study conducted by...

Local governments in rural areas of South Carolina can compete for grant funds to help bring transformative projects to life. ​ The Rural Development Initiative annual competitive grant program, administered by S.C. Commerce, will open soon....

The Greenville Chamber’s vision is a globally competitive Upstate economy where businesses succeed and people prosper. We believe that when people prosper, businesses win, too. One way the Greenville Chamber tracks our community’s prosperity is by...

South Carolina Manufacturers and Commerce (SCMC) has announced the launch of its new Energy Council, a member-led initiative that will bring together business leaders and industry experts to discuss the issues shaping South Carolina's energy...

Labor Market Conditions"South Carolina's job growth stalled in June, with a decline of 400 jobs on net. Many industries saw either flat or declining employment." – Bethany Greene Payroll employment in South Carolina declined by 400 jobs (0.0...

A reciprocal access agreement between four South Carolina entrepreneur support organizations (ESO Network) will provide seamless access to each organization’s coworking space and conference rooms for their founders and startup members. The newly...

Communities throughout South Carolina are receiving community development grant funds totaling more than $7 million for public improvement projects.   This funding comes from the South Carolina Community Development Block Grant (CDBG)...

South Carolina’s economic development successes in recent years are the result of concerted efforts from many organizations and government entities. And the state’s economic development alliances and partnerships are an important part of that...

AmbioPharm, Inc. (AmbioPharm), a peptide manufacturer and developer, announced it is expanding its operations in Aiken County. The company’s $118.96 million investment will create 202 new jobs, according to the South Carolina Department of...

Volare Boats, Cuffway, SusMaTech, Memberworks, and PSF R&D Labs received new grant funding from the South Carolina Research Authority. Clemson University received new academic grant funding. LivIQ Health, Land Takeoffs, Oral Pouch Solutions,...

South Carolina’s small business innovation community received a major piece of good news this spring: Congress has reauthorized the Small Business Innovation Research and Small Business Technology Transfer programs, ending a long period of...

Bittermilk Bottling Co. (Bittermilk), a manufacturer of nonalcoholic beverage products, announced it is expanding its operations in Charleston County. The company’s $8.2 million investment will create 12 jobs, according to Gov. Henry McMaster's...

The Opportunity Zones program is now permanent, signed into federal law in 2025, according to the South Carolina Department of Commerce. Commerce officials said that under the updated law, Opportunity Zones will be redesignated every 10 years,...

SC Launch Inc., the investment affiliate of the South Carolina Research Authority, has announced a $400,000 investment in SafeMedWaste. The Johns Island-based startup created a better way to dispose of controlled substances without incineration....

The South Carolina Department of Commerce (S.C. Commerce), on behalf of the state of South Carolina, is requesting input to guide the nomination of eligible census tracts for designation under the federal Opportunity Zone program, a federal...

Inc., the leading media brand and playbook for the entrepreneurs and business leaders influencing the future, today revealed that eight South Carolina companies have been ranked in its sixth annual Inc. Regionals: Southeast list - the most...

Goodwill Industries of Upstate/Midlands South Carolina (GIUMSC) and Palmetto Goodwill are sharing the full Economic Impact Study first announced on the State House steps earlier in March. The independent research study revealed Goodwill’s services...

Chipp, Atapic, Sentec, and Tada AI received new grant funding from the South Carolina Research Authority. Crystal-XG, Cuffway, InfauxTech, Ohmiq, PostPixel, Renoverse AI, and Vet Media Group were...

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