South Carolina Department of Commerce

The Council meeting involved a review of financial and program reports for the Enterprise, Set-Aside, Rural Infrastructure Fund, Tourism Infrastructure Fund, and Closing Fund programs. The agenda included an executive session for the discussion of economic development project applications across multiple counties, confidential business issues, and a COVID-19 report. Additionally, the Council addressed non-confidential economic development project applications and a JEDA resolution.

The meeting includes updates on unemployment and statewide activities. Discussion topics feature a presentation from the Department of Innovation at the SC Department of Commerce, an overview of the Gear Up program, and information regarding the SC Commerce Workforce podcast titled Define the Journey.

The agenda for this meeting included the approval of projects under the JEDA Program, specifically mentioning Dragon Environmental in York County. An executive session was scheduled to discuss contractual terms related to job development credits for proposed business expansions or locations. The agenda also listed numerous confidential project applications spanning several counties (Laurens, Spartanburg, Berkeley, Charleston, Florence, Anderson) and proposed amendments to revitalization agreements. Furthermore, applications for the Port Credit Program concerning TEU increases for Volvo Car USA, LLC in Berkeley County were listed for review.

This strategic plan outlines the South Carolina Department of Commerce's direction for fostering economic growth and opportunities across the state. Key strategic pillars include attracting capital investment and job creation, supporting existing, small, and emerging industries (with a focus on advanced energy), enhancing infrastructure through workforce and community development, connecting business and education, and effectively managing agency assets.

The SC Nexus for Advanced Resilient Energy (SC NEXUS) strategic plan focuses on accelerating energy innovation by leveraging South Carolina's manufacturing resources and research capabilities. Key areas include enhancing battery energy storage systems, testing new technologies in real-world conditions, ensuring cybersecurity for grid technologies, and providing a controlled environment for energy technology development. The plan aims to drive advanced energy innovation, provide inclusive pathways to high-skilled jobs, close infrastructure gaps, ensure access to low-cost electricity, and strengthen national economic competitiveness and security.