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S.C. Code Ann. § 11-44-20

Legislative intent

Known as the High Growth Small Business Job Creation Act

The act spans §§ 11–11 (9 sections).

2013 Act No. 80, SECTION 1.A, eff June 14, 2013; 2020 Act No. 138 (S.76), SECTION 3.B., eff May 26, 2020.

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.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.