South Carolina Statutes
§ 11-45-20 — Legislative intent.
The General Assembly desires to increase the availability of equity, near-equity, or seed capital for emerging, expanding, relocating, and restructuring enterprises in the State, so as to help strengthen the state's economic base, and to support the economic development goals of this State in accordance with the strategy established by the Department of Commerce. The General Assembly also desires to address the long-term capital needs of small-sized and medium-sized firms, to address the needs of micro enterprises, to expand availability of venture capital, and to increase international trade and export finance opportunities for South Carolina based companies.
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South Carolina § 11-45-20 (Legislative intent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2004 Act No. 187, SECTION 5; 2005 Act No. 125, SECTION 1.
Nearby Sections
13
§ 11-45-10
Short title.§ 11-45-105
Approval of guidelines.§ 11-45-20
Legislative intent.§ 11-45-30
Definitions.§ 11-45-55
Tax credit certificates.§ 11-45-60
Selection of investment plans.§ 11-45-70
Venture capital investment requirements.§ 11-45-95
Reports by authority; contents.