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Commerce News

S.C. Commerce receives grant for export assistance programs

For the 11th consecutive year, the South Carolina Department of Commerce (S.C. Commerce) has been awarded a State Trade Expansion Program (STEP) grant from the U.S. Small Business Administration (SBA). The state received its full requested amount of $250,000 to support and encourage small business export success. 

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Grants awarded to improve nine South Carolina communities

COLUMBIA, S.C.

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South Carolina leads the nation as top exporter of tires and completed passenger motor vehicles

Gov. Henry McMaster, the S.C. Department of Commerce (S.C. Commerce) and the South Carolina Ports Authority (SC Ports) today announced that the state's 2022 export sales totaled $31.5 billion, up 6% over 2021, according to data from the U.S. Department of Commerce. The state remains the nation’s top exporter of completed passenger motor vehicles and tires.

Notable 2022 export statistics include:

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Gov. Henry McMaster launches state’s first electric vehicle website

Governor Henry McMaster today announced the launch of scpowersev.com, a virtual hub highlighting South Carolina’s growing electric vehicle (EV) industry and the state’s capacity for further industry expansion.

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S.C. Commerce announces 2023 Relentless Challenge grant awards

The South Carolina Department of Commerce (S.C. Commerce) today announced its 2023 Relentless Challenge grant recipients, which totaled more than $750,000 granted to 15 organizations around the state.

Relentless Challenge grant recipients support projects designed to enhance the state’s innovation ecosystem – specifically in the areas of high growth entrepreneurship, talent development, access to risk capital, and industry and higher education partnerships that may lead to commercialization of innovative products. 

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South Carolina releases record-breaking industry recruitment in 2022

The South Carolina Department of Commerce today released its 2022 industry recruitment results which reflect historic economic activity. From January to December 2022, the state announced total capital investment of $10.27 billion, the single largest year in state history. That investment represents 120 projects and the creation of 14,083 new jobs.

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Grants awarded to improve 20 South Carolina communities

COLUMBIA, S.C.

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State and community leaders graduate from South Carolina economic development training program

 The S.C. Department of Commerce (S.C. Commerce) and S.C. Economic Developers’ Association (SCEDA) today announced that 45 state and community leaders have graduated from a statewide economic development training program, S.C. Economic Development Institute (Institute).

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S.C. Commerce awarded grant to support export assistance programs

The South Carolina Department of Commerce (S.C. Commerce) has been awarded a State Trade Expansion Program (STEP) grant from the United States Small Business Administration (SBA) for the 10th consecutive year. The state received its full requested amount of $250,000 to support and encourage small business export success.

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Develop Carolina fellowship earns federal apprenticeship designation

Develop Carolina, a software development fellowship spearheaded by the South Carolina Department of Commerce (S.C. Commerce), Build Carolina and Apprenticeship Carolina, today announced that the program is officially a registered apprenticeship with the United States Department of Labor.

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