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The Hill Institute launches angel analyst fellowship at Furman
When he was a young boy, Oscar Guillen and his mother emigrated to the United States from Honduras in search of economic opportunities. Now, the Furman University Asian studies major wants to help young people in Honduras start businesse
New organization offers impact investment in the Upstate
Abundance Capital, a Greenville-based donor-advised fund platform launched in late 2021 with the aim of activating millions of dollars of place-based charitable impact investing to grow vibrant, inclusive Southern communities.
Bank donates $25,000 to Harvest Hope
One bank incentivized its employees to receive the COVID-19 booster shot with by donating $100 to a local food insecurity charity for each vaccination. Over the past two years, the bank has provided ...
Georgia bank buys property for SC expansion
A bank with just three branches outside headquarters plans to growth strategy that begins in Greenville with plan to spread across the
USDA invests $63.3M in 26 projects across SC
Clemson University, the Beaufort County Black Chamber of Commerce, a hemp-growing operation and several rural solar arrays are a few of 26 projects bolstered with recent loan guarantees and grants from the U.S. Department of Agriculture.
Support.com owner invests $264M in crypto-mining facility
About 2 million bitcoins are left to be mined, according to industry experts. One company plans to get ahead in the cryptocurrency arms race with 45,100 miners and the purchase of a former Spartanburg industrial property.
Chambers press for tax reform, continued investment
South Carolina has the highest income tax rate of any of its neighbors. Upstate Chamber Coalition executive Jason Zacher says the state has a historic opportunity on the table to
VentureSouth breaks investor return records in 2021
Greenville-based Venture South added 11 new investments to its portfolio in 2021, including two Palmetto State startups. The investment group also returned $20 million in proceeds for investors, a record Venture South attributes to
N.Y. cryptocurrency mining company occupies 175-acre site
When Greenidge Generation Holdings wanted to expand operations beyond its native New York into Texas and South Carolina, it doubled its original order of 22,500 Bitmain miners, computational hardware that puts new cryptocurrency into cir
CommunityWorks awarded Treasury Department grant
Greenville-based nonprofit lender CommunityWorks received $525,000 through the U.S. Treasury Department’s CDFI Fund to support financing for statewide affordable housing.
Upstate business leaders start cryptocurrency mining company
First John Warren founded real estate lender Lima Capital. Then, he ran for governor of South Carolina. This year, he and four other Upstate business leaders, have put $200 million toward mining
Venture fellowship program to begin in February
The S.C. Commerce Department's Office of Innovation has partnered with Venture Carolina, a nonprofit that aims to bridge the funding gap between investors and entrepreneurs, to launch a pilot fellowship program.
