State Discretionary Incentives

The Coordinating Council for Economic Development

The Coordinating Council for Economic Development, established in 1986 by the General Assembly, was formed in response to a general need for improved coordination of economic development efforts by those state agencies involved in the recruitment of new business and the expansion of current enterprises throughout the state. The Council consists of the heads or board chairs of 11 state agencies concerned with economic development: SC Department of Commerce, SC Ports Authority, SC Department of Parks, Recreation & Tourism, SC Department of Agriculture, SC Technical College System, SC Research Authority, SC Department of Employment and Workforce, SC Department of Revenue, Jobs for Economic Development Authority, SC Department of Transportation and Santee Cooper.

Grants

South Carolina has three discretionary grant funds that are administered by the South Carolina Coordinating Council for Economic Development. The Coordinating Council will evaluate each project on a case-by-case basis and a grant may be awarded by the Coordinating Council, in their sole discretion, depending on the needs of the project.

Other Incentives