2019-11-202019-11-202019-09-09https://dc.statelibrary.sc.gov/handle/10827/32168The SC Department of Commerce is a cabinet agency responsible for encouraging economic activity and growth in the state. It works with new and existing businesses to assist with location and expansion, offers grants for community development and infrastructure improvement, and helps businesses export to foreign markets. For 2017, the department reported capital investment of $5.24 billion with 18,445 jobs recruited with 40% of the jobs related to new businesses and 60% from expanding companies. For FY 16-17, the department spent $66.7 million from its grant funds which left $37 million available for new grants awards as of August 31, 2017. It also administers federal grants for disaster recovery, encourages international trade, and works with businesses on workforce development.application/pdfDocumentCopyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.South Carolina Department of CommerceLegislative auditing--South CarolinaText