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S.C. Treasurer’s Office returns $35.3 million in unclaimed property
The funds were returned to S.C. individuals, businesses and organizations for the fiscal year that ended June 30. The treasurer’s office said it currently has more than $700 million in unclaimed property.
New loan forgiveness portal opens Wednesday
The online application portal will allow borrowers with PPP loans of $150,000 or less from participating lenders to apply for loan forgiveness directly through the U.S. Small Business Administration.
Xinjiang solar ban spurs caching, reshoring in S.C.
China’s Xinjiang province, nestled against Kazakhstan and Russia, may be a three-day drive from the country’s economic center in Shanghai, but the area manufactures 45% of all polysilicon used across the globe.
Additional $9.9M in rental assistance available in Richland County
A second round of federal funding for renters affected by the COVID-19 pandemic is now available. The county approved more than $10 million in aid requests through its Emergency Rental Assistance Program, launched in April.
S.C. Chamber of Commerce adds 3 new leadership positions
The organization has hired its first-ever chief diversity officer, promoting 22-year year chamber veteran Cynthia Bennett. The chamber also hired its first chief revenue officer in Kelly Wolf and added Mike Manning as CFO.
Initial unemployment claims plunge
The number of people applying for the first time for unemployment insurance fell in dramatic fashion in the third full week after Gov. Henry McMaster eliminated the federal benefit.
Laurens County selected for new industry, development project
As Laurens County ushers in new investment and industry, the county's economic development group is seeking to attract and retain a healthy workforce through what the organization calls a vibrant, resilient and livable community.
S.C. schools receive $6.7M for innovation projects
Academic institutions, industry partners and the S.C. Research Authority see a pressing need in the development of the state’s next generation innovation economy: funding at the college and university level.
Furman, city develop GVL Starts entrepreneurship workshop
Furman University’s Institute for Innovation and Entrepreneurship is christening another program for budding entrepreneurs in the Upstate, this time backed by the city of Greenville and Greenville Local Development Corp. among others.
Federal court sentences 3 South Carolinians for bank fraud
Three South Carolinians have been sentenced by a federal judge after pleading guilty to bank fraud charges in schemes the government alleges defrauded federal programs intended to aid homeowners at risk of foreclosure.
State sees just more than 2,400 initial unemployment claims
Just more than 2,400 initial unemployment claims were filed in South Carolina for the week ending July 17. The 2,403 initial claims filed from July 11-July 17 represented a small drop of 87 from the previous week. Since March 15, 2020
Anderson airport bolsters development with new terminal
As the Anderson Regional Airport team prepares to celebrate the one-year anniversary of their new terminal, fondly nicknamed "Little Cabela's," increased gas sales and government grants help pave the way for future capital projects.
