2013 South Carolina Code of Laws
Title 11 - Public Finance
CHAPTER 44 - HIGH GROWTH SMALL BUSINESS JOB CREATION ACT
SECTION 11-44-20. Legislative intent.


SC Code § 11-44-20 (2013) What's This?

The General Assembly desires to support the economic development goals of this State by improving the availability of early stage capital for emerging high-growth enterprises in South Carolina. To further these goals, this chapter is intended to:

(1) encourage individual angel investors to invest in early stage, high-growth, job-creating businesses;

(2) enlarge the number of high-quality, high-paying jobs within the State;

(3) expand the economy of this State by enlarging its base of wealth-creating businesses; and

(4) support businesses seeking to commercialize technology invented in this state's institutions of higher education.

HISTORY: 2013 Act No. 80, Section 1.A, eff June 14, 2013.

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