South Carolina Statutes
§ 2-75-50 — Application requirements; partnering to develop proposals to enhance economic competitiveness.
South Carolina·Title 2 GENERAL ASSEMBLY·Ch. 75 SOUTH CAROLINA RESEARCH CENTERS OF ECONOMIC EXCELLENCE
(A)An application for an award from the endowment shall:
(1)provide to the review board documentation of private matching funds, on hand, in an amount equal to the amount for which application is made;
(2)provide to the review board documentation that all matching funds have been committed and raised exclusively from sources other than South Carolina tax dollars, and that the funds have been committed and raised after January 1, 2002;
(3)be in an amount of not less than two million dollars and not more than five million dollars;
(4)document that the application has significant potential to provide for enhanced economic development for the citizens of South Carolina in a specified knowledge-based industry or field of commerce; and (5) provide specific partnering activities with other i
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 2-75-50 (Application requirements; partnering to develop proposals to enhance economic competitiveness.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2002 Act No. 356, SECTION 3C; 2008 Act No. 355, SECTION 4, eff June 25, 2008. Effect of Amendment The 2008 amendment designated subsection (A), in paragraphs (A)(1) and (A)(2), added "review"; and added subsection (B) relating to partnering.
Nearby Sections
12
§ 2-75-100
Use of matching funds.§ 2-75-20
Ex officio members.§ 2-75-5
Short title; legislative intent.§ 2-75-50
Application requirements; partnering to develop proposals to enhance economic competitiveness.§ 2-75-80
Severability.