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Small Business

Phase IIB Matching Fund launched for S.C. small businesses

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.

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State of South Carolina announces 2020 industry recruitment results

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."

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S.C. Commerce Office of Innovation announces grant awards

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.

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S.C. Commerce and DHEC launch Recycling Markets Directory

Recycling Markets DirectoryThe 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

S.C. Commerce launches Business Development website

 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.

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Non-essential businesses in South Carolina to temporarily close

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).

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Tie & Timber Technologies LLC establishing operations in Marion County

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. 

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Smithey Ironware expanding Charleston County operations

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.

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Stoll Industries expanding Abbeville County operations

COLUMBIA, S.C. Read More

High Wire Distilling Co. expanding operations in Charleston County

COLUMBIA, S.C. High Wire Distilling Co., a producer of premium, handcrafted small batch spirits with an agricultural focus, today announced plans to expand its operations in Charleston County. The $3 million investment will create 45 jobs.

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