Tax Law Insights

Businesses seeking to locate or expand operations in South Carolina may be eligible for one or more types of grant funding through the State of South Carolina. Grants are designed to be a reimbursement mechanism, where the state will reimburse the business for certain project-related costs (e.g. land, buildings, roads, and infrastructure).  The state often funds the grant to the local county government in which the project is located, and the applicable county government then administers the grant for the business.

Grant funding is discretionary, and may be in addition to, or in lieu ...