An almost $204 million incentives package help bring Volvo Cars first American Factory to South Carolina, reports Charleston business. Volvo plans to invest $500 million in the project and create 4,000 jobs over the next decade.

South Carolina will build or improve 605 miles of electric transmission and distribution lines thanks to a USDA loan for $54.8 million. An additional loan for $3 million will be used for storm damage restoration.

Small businesses with five or fewer employees are now eligible to receive loans of up to $10,000 through South Carolina's Microenterprise Development Act, as reported by Savannah Now.

This Public Management article by CDFA staff highlights the benefits of the development finance toolbox approach and how communities can use this model to help spur economic development and revitalize brownfields.

November 3, 2015
Join CDFA and JEDA for the second-annual South Carolina Financing Roundtable Conference on November 3, 2015. This one-day event will feature a number of economic development finance experts and leaders from around the state discussing development finance tools, resources and approaches and how these methods can move South Carolina's economy forward. Topics to be discussed include bonds, redevelopment, loan funds, innovation capital, tax credits, federal funding and much more.

Toby Rittner, President & CEO, provides an update on the initiatives CDFA has been conducting and the success that CDFA has had this year. Included in the update is a highlight of membership benefits, new members, and upcoming events.

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Roundtable Partner