The Economic Development Set-Aside Program
The Economic Development Set-Aside Program supports South Carolina local governments with infrastructure, site improvements, and related costs needed for companies to locate or expand in the state.
Funder: South Carolina Department of Commerce
Due Dates:
Funding Amounts:
Summary: Supports infrastructure and site improvements tied to companies locating or expanding in South Carolina.
Key Information: The Coordinating Council for Economic Development awards grants at its sole discretion, case by case.
Description
The Economic Development Set-Aside Program helps South Carolina local governments address costs associated with companies locating or expanding in the state. It supports road, water and sewer infrastructure, site improvements, and other costs related to business location or expansion.
The program is administered by the Coordinating Council for Economic Development and presented by the South Carolina Department of Commerce. It is the Council’s primary business development tool for assisting local governments with these projects. The Council evaluates each project according to its needs as part of its broader work coordinating business recruitment and expansion efforts across the state.
