Enterprise Zone Retraining Credit Program (South Carolina)

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Last modified on February 12, 2015.

EZFeed Policy

Place South Carolina


   
Applies to States or Provinces South Carolina
Name Enterprise Zone Retraining Credit Program (South Carolina)
Policy Category Financial Incentive
Policy Type Enterprise Zone, Training/Technical Assistance
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province




























Primary Website http://sccommerce.com/sc-advantage/growth-incentives/discretionary-incentives



Last Review 2014-09-15



Summary

The Enterprise Zone Retraining Credit Program is a discretionary incentive that helps existing industries maintain their competitive edge and retain their existing workforce by allowing them to claim a Retraining Credit for existing production employees. If approved for the Enterprise Zone Retraining Credit, companies can reimburse themselves up to 50% of approved training costs for eligible production workers (not to exceed $500 per person per year). This program is also overseen by the Coordinating Council for Economic Development.



Policy Contact

Department South Carolina Department of Commerce

Address 1201 Main Street, Suite 1600

Place Columbia, South Carolina
Zip/Postal Code 29201-3200
Phone (803) 737-0400
Phone 2 (800) 868-7232

Email info@sccommerce.com

     
     


















References