Spartanburg Community College celebrated the renovation and expansion of the Center for Business and Entrepreneurial Development this week with a ribbon cutting and business announcement.
Located at the college’s Tyger River campus in Duncan, the center now has an additional 22,000-square-feet of space that adds 22 offices. Twenty of those offices are now occupied. The center now has a total of 363,000-square-feet of office and warehouse space for entrepreneurs and business start-ups.
“The college opened this center in 2007. It was a college vision at the time to have a center for Spartanburg that was not a traditional academic building but was a facility that supports the area’s economic development initiatives through both quality educational programs and a facility that meets the needs of new and expanding industry,” said Spartanburg Community College President Henry Giles at the ribbon cutting.
Companies occupying the center include Toray, Agracel, MOR PRM, OneGroup, Jeffreys, Project Apollo, Brose, International Mold, Senator and Tokyo Gas. During the ribbon-cutting event, Brose announced its plans to invest $6 million and created 60 jobs when it moves to its new location at 1171 Howell Road in Duncan this fall. Until then the company is operating out of 10 offices at the center.
“About 10 years ago the college purchased this facility with a vision for helping businesses with their start-up operations by providing short-term office, manufacturing and warehouse space,” said Mike Forrester, director of economic development for the college. “Since then it has morphed into a world-class operation offering soft landings, incubation, workforce services and special projects for entrepreneurs, start-ups and existing companies.”
Forrester cited a June 2016 an economic impact study that looked at the center’s impact. Forrester said the report shows that since its inception, the center has helped to generate ...
- 19,989 jobs and $1.2 billion in earnings;
- more than $863 million in taxable income;
- almost $19 million in sales tax and
- nearly $49 million in S.C. income tax.
The full economic impact study is available on the center’s website.