• Porsche and Boeing to Partner on Premium Urban Air Mobility Market

    October 11, 2019

    Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their unique market strengths and insights to study the future of premium personal urban air mobility vehicles.

  • SBA Small Business Lending Reflects Strong Economic Trends

    October 11, 2019

    The U.S. Small Business Administration announced FY19 lending numbers showing that it guaranteed over $28 billion to entrepreneurs that otherwise would not have access to capital to start, grow, or expand their small businesses.

  • SCPA Sees Strong Cargo Growth in September

    October 10, 2019

    SCPA handled nearly 195,000 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container terminals in September, up 12.5% from a year ago. The Port has handled 638,600 TEUs in the first three months of fiscal year 2020, up 10% year-over-year.

  • Special Report: Economic Development Experts Laud South Carolina Incentives

    October 09, 2019

    Industry experts rank South Carolina No. 1 when it comes to economic development incentives, according to a recent survey. The Palmetto State led the “business incentive programs” category in Area Development magazine’s annual Top States for Doing Business rankings. Local economic development pros say ease of use is a big factor in South Carolina’s incentives program.

  • SC Chamber Announces 2019 Business Leader, Public Servant, and Sgt. William Jasper Freedom Award Winners

    October 04, 2019

    The South Carolina Chamber of Commerce announced the honorees for the 2019 Business Leader of the Year, Public Servant of the Year and the Sgt William Jasper Freedom Awards - Dr. Harris Pastides, Former President, University of South Carolina - Mr. Joseph Blanchard, President, Blanchard Machinery Company - The Honorable Lindsey Graham, U.S. Senator - South Carolina.

  • Exclusive Report: South Carolina Gas Tax Credit to Rise

    October 03, 2019

    South Carolina motorists will be eligible for a larger break on their gasoline taxes for 2019, based on figures released by the state Revenue and Fiscal Affairs Office. The credit will come out to 3.84 cents per gallon, compared to 1.902 cents per gallon during the 2018 tax year.

  • UofSC Research Partnerships Generating over $790M for the Palmetto State

    October 03, 2019

    When the University of South Carolina’s Office of Economic Engagement (OEE) first launched six years ago, its goal was to build relationships between researchers and industry partners. True to its mandate, the university has forged ties with global industry giants and is driving hundreds of millions of dollars into the state’s economy.

  • SC Parks, Recreation and Tourism Accepting Letters of Intent for Tourism Grant

    October 01, 2019

    The program assists non-profit organizations and communities with the development of publicly owned tourism products and attractions that will encourage visitation to South Carolina. The grant can help cover the implementation of existing plans or the expansion or enhancement of an existing tourism product.

  • U.S. Metro Areas Continue To Drive Nation's Economic Growth, Post Fifth Consecutive Year Of Increase

    October 01, 2019

    The U.S. Conference of Mayors (USCM) released its 18th annual report and forecast on U.S. Metro Economies, showing that cities and metro regions continue to be the engines of U.S. economic growth. In 2018, these areas were home to 85.9% of the nation's population and 91.1% of real gross domestic product (GDP). The influence and contribution of metro economies to U.S. economic growth increased for the fifth consecutive year.

  • Special Report: “Is a Recession Coming, or Are We Talking Ourselves Into One?”

    September 30, 2019

    Fortune magazine recently asked the question, “Is a recession coming - or are we talking ourselves into one?” According to a couple of economists who visited South Carolina on Thursday, the answer is no - and no. Not any time soon, at least.

  • Corsica Cyber Division Named to 2019 MSSP Alert Top 200 Managed Security Services Providers List

    September 26, 2019

    “This is our 3rd year being recognized on this elite list of MSSPs. Earning a ranking of 76 on this year’s expanded list is a true testament to our team and the trust that our clients place in us. From the outset, our goal was to build a cybersecurity practice that couples a dedicated team of certified professionals, with documented process and 24x7 cadence, while working with innovative technology to provide a full suite of cybersecurity and compliance solutions.” Charles Johnson, President of Corsica Cybersecurity.

  • SC Ports Reports Record Cargo Volumes, Successful Bond Issuance

    September 20, 2019

    “As the East Coast port market continues to grow, we are well positioned to handle more cargo. We continue to invest in vital infrastructure, including completing the first phase of the Hugh K. Leatherman Sr. Terminal in North Charleston in 2021, deepening Charleston Harbor to 52 feet and equipping the Wando Welch Terminal in Mount Pleasant with additional 155-foot-tall ship-to-shore cranes.”

  • New Survey Data Indicates Increased Confidence And Investment In Innovation Among Fortune 1000

    September 20, 2019

    Fortune 1000 companies are showing increased confidence in their innovation strategies and investments according to Benchmarking Innovation Impact 2020, a new report from Innovation Leader, sponsored by KPMG LLP.

  • South Carolina Ports Authority Welcomes 2019-2020 Port Ambassadors

    September 18, 2019

    Ambassadors will learn how the Port supports the state’s thriving business community and spurs economic development throughout South Carolina. SCPA operations generate a $53 billion annual economic impact statewide.

  • New Partnership Unites SC Businesses with Exceptional Needs Students Through State Tax Credit Programs

    September 13, 2019

    Exceptional SC and the South Carolina Research Authority announced the formation of Exceptional Connections – a business-education partnership that unites South Carolina’s business community with more than 3,000 exceptional needs scholarship students and schools across the state.

  • South Carolina Physicist & Professor Miguel Larsen Receives NASA’s Top Honor for Pioneering Work

    September 12, 2019

    Clemson University College of Science professor emeritus Miguel Larsen, who has fundamentally changed the scientific community’s understanding of the Earth’s upper atmosphere, received NASA’s Distinguished Public Service Medal on Aug. 28 at the Goddard Space Flight Center in Maryland.

  • UofSC is No. 1 Nationwide for First-year Student Experience

    September 09, 2019

    The rankings show the university’s reputation continuing to rise, as South Carolina earned the No. 22 spot among flagship universities in the country and was ranked No. 44 among public universities. Those showings improved over the previous year, with the university moving up three spots among flagships and two in the public university category.

  • The Average Online Purchase Delivery Now Takes 2-3 Days, Thanks to Amazon. Small Businesses Are Finding Ways to Keep Up.

    September 09, 2019

    When an online shopper clicks "Purchase" on an Amazon order, they often don't think about the large reaction they set off with their order – and all the technology and manpower required to get an item from a warehouse to their doorstep within two days or less.

  • US Chamber CEO Tom Donahue: Lift the Tariffs, and Restart Trade Talks with China Now

    September 06, 2019

    Amid all the talk of a possible recession, it’s important for everyone to remember this: Economic expansions do not die of natural causes. They often die because of missteps and policy mistakes. And the biggest mistake our leaders could make right now — putting our economy at greater risk of a downturn — is to stoke further uncertainty.

  • Exclusive: South Carolina State Fair Has More Than $45.5M Impact

    September 05, 2019

    The S.C. State Fair is an engine for more than $16.6 million in wages and a total economic impact of more than $45.5 million.

  • National Awards Program Seeking South Carolina's Top Youth Volunteers Of 2020

    September 04, 2019

    Students in grades 5-12 are invited to apply for 2020 Prudential Spirit of Community Awards if they have made meaningful contributions to their communities through volunteer service within the past 12 months.

  • Gov. Henry McMaster Requests Federal Disaster Declaration in Advance of Hurricane Dorian’s Potential Impact to the State

    September 03, 2019

    Under the provisions of the Robert T. Stafford Disaster Relief and Emergency Assistance Act, I respectfully request that you declare an emergency for the State of South Carolina as a result of the anticipated effects of Hurricane Dorian. Hurricane Dorian is forecast to be a large, powerful storm with the potential to cause widespread, catastrophic damages in South Carolina.

  • South Carolinians Support Comprehensive Tax Reform, Favor Intervention In Underperforming Schools

    August 30, 2019

    More than two out of three South Carolinians support overhauling the state’s antiquated tax code and well over half support strong measures to turn around underperforming school districts, according to a new statewide poll released today by the South Carolina Chamber of Commerce.

  • AG Alan Wilson Joins Bipartisan Coalition Seeking Congressional Support for Autism Services

    August 29, 2019

    Attorney General Alan Wilson announced that he is joining a bipartisan coalition of 47 attorneys general calling upon Congress to authorize the Autism CARES Act of 2019. This legislation provides ongoing federal support for research into autism spectrum disorders (“ASD”) and services to those affected by these conditions.

  • Official 2019 SC TOP25 Fastest Growing Companies are Announced

    August 28, 2019

    Now in its 18th year, this competition recognizes the achievements of top-performing private and publicly-owned companies that have contributed to South Carolina's economy through exceptional increases in revenues and employment. SC 25 Fastest Growing Companies, was founded as a way to honor the state's most dynamic businesses and their contributions to our state's economic vitality.