Clemson University generated approximately $1.9 billion in economic output for South Carolina last year, and its activities accounted for nearly 25,000 jobs, according to a new study by the school's Strom Thurmond Institute.
Esurance, a direct-to-consumer insurance company, says it will put at least 450 jobs in Greenville - some that pay $50,000 per year plus bonuses.
San Francisco-based Esurance, an Allstate company, said the Greenville office will be its fifth sales office in the United States, joining Sacramento, Calif; Sioux Falls, S.D., Tampa and Phoenix.
A Tokyo-based manufacturer plans to locate its next global facility in Spartanburg County, an anticipated $1 billion investment during the next decade expected to create 500 jobs.
It's been a long time coming, but USC Upstate's business incubator is finally open for new tenants.
Two businesses have already moved into the 20,000-square-foot space on the third floor of the university's George Dean Johnson Jr. College of Business and Economics, what some refer to fondly as "The George," in downtown Spartanburg.
The university has been planning an incubator in the previously unfinished space since the business school opened in 2010. Tentatively named The Center for Innovation and Business Engagement, the program will target companies and startups looking for flexible space in an educational environment.
The incubator is only one of the options that area startups and entrepreneurs have to take their venture to the next level.
For example, the city of Spartanburg is in the second year of its Main Street Challenge competition, which will award three businesses $12,000 in rental subsidies for a location downtown along with startup business services. Spartanburg County's Center for Business and Entrepreneurial Development provides business services and over 363,000 square feet of warehouse and office space, making it the fourth largest in the U.S.
Spartanburg is also home to The Iron Yard Spartanburg, which offers co-working space at The Mill in addition to its small business accelerator.
The Upstate SC Alliance will be hosting our Q1 Board Meeting at the George Dean Johnson Jr. College of Business and Economics and our guests will be able to view the new incubator space.
Prysmian Power Cables and Systems LLC in Abbeville, which in 2009 started operating the then-tallest building in South Carolina, plans a $4.5 million expansion that will create 10 jobs. The facility in Abbeville is part of Prysmian's power and telecommunications cable operations.