South Carolina

South Carolina provides various incentives to support job creation, workforce training, and business growth. Programs like the Job Development Credit (JDC) and readySC offer tax credits and customized training services to help businesses expand and maintain a skilled workforce within the state.

Job Development Credit (JDC)

• Purpose: Provides tax credits to companies creating new jobs in South Carolina.
• Eligibility: Businesses creating new full-time jobs that meet wage and benefit requirements.
• Benefit: Rebates of up to 5% of new employees' taxable wages for up to 10 years.
• Application: Through the South Carolina Department of Commerce.
• More info: Credit amount varies based on county tier designation and wages.

readySC Program

• Purpose: Provides customized workforce training for new and expanding businesses.
• Eligibility: New or expanding companies creating new jobs in South Carolina.
• Benefit: Free recruitment, screening, and training services tailored to company needs.
• Application: Through the South Carolina Technical College System.
• More info: Focuses on preparing workers for specific roles with new or expanding businesses.

Apprenticeship Carolina

• Purpose: Supports businesses in developing registered apprenticeship programs.
• Eligibility: South Carolina businesses interested in implementing apprenticeship programs.
• Benefit: Free consulting services and potential tax credits for registered programs.
• Application: Through the South Carolina Technical College System.
• More info: Helps businesses create structured training programs to develop skilled workers.

South Carolina Small Business Development Centers (SC SBDC)

• Purpose: Provides free business consulting and affordable training services.
• Eligibility: Small businesses and entrepreneurs in South Carolina.
• Benefit: Access to business advisors, training programs, and resources.
• Application: Through local SC SBDC offices.
• More info: Offers assistance with business planning, accessing capital, and operational improvements.

Enterprise Program

• Purpose: Encourages businesses to locate in distressed areas of the state.
• Eligibility: Businesses creating jobs in designated enterprise zones.
• Benefit: Various tax credits and incentives based on job creation and investment.
• Application: Through the South Carolina Department of Commerce.
• More info: Focuses on economic development in rural and distressed areas.

Note: For the latest information, verify details with the South Carolina Department of Commerce and other relevant state agencies, as program specifics may change.