Small Business

COLUMBIA, S.C. – The S.C. Department of Commerce Office of Innovation, in partnership with the South Carolina Jobs-Economic Development Authority (JEDA) and 3Phase, today announced the launch of the state’s first Phase IIB Match Fund for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.

The South Carolina Department of Commerce today released its 2020 industry recruitment results. In total, the state won 126 economic development projects, accounting for $4 billion in capital investment and 11,147 new jobs.

"Team South Carolina continues to cultivate a diverse economy in all corners of our state," said Secretary of Commerce Bobby Hitt. "To increase our recruitment to $4 billion in capital investment - particularly during an unprecedented year - takes a remarkable amount of collaboration and unwavering commitment from many partners across this state."

The South Carolina Department of Commerce Office of Innovation today announced $670,000 in grant awards to 13 organizations as part of the Relentless Challenge grant series. With the mission of progressing and supporting technology-based economic development projects, commercialization of new ideas and the next generation of industry-leading companies, the Relentless Challenge targets strategic investments in localized initiatives.

The South Carolina Department of Commerce and South Carolina Department of Health and Environmental Control (DHEC) today announced the launch of a new online recycling tool that creates a network for recyclable materials. Read More

 The South Carolina Department of Commerce today announced the launch of a new business development website. This online platform offers S.C. companies – of all sizes – a multitude of valuable resources throughout the phases of development and growth.

COLUMBIA, S.C. - In response to the announced temporary closure of non-essential businesses in the state, S.C. Commerce has expanded its online resources to assist companies in navigating the impacts of coronavirus disease 2019 (COVID-19).

COLUMBIA, S.C. – Tie & Timber Technologies LLC (T3) today announced plans to establish a railroad tie manufacturing operation in Marion County. The company’s more than $6.9 million investment is projected to create 51 new jobs over the next five years. 

COLUMBIA, S.C. - Smithey Ironware Company, a designer and manufacturer of premium cast iron and carbon steel cookware, is expanding its operations in Charleston County. The more than $2 million investment is expected to create 22 new jobs.

COLUMBIA, S.C. Read More