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Commerce seeks funds to recruit more businesses in SC
South Carolina commerce chief Bob Faith asks for 14.6 million more in the next budget to boost job creation. He seeks seven million to fund incentive programs, two point five million for staff, three million for higher risk loans, one million for a community development program, and four hundred fifty thousand for a hydrogen coalition. Lawmakers pressed him on unemployment at seven percent and low per capita income, especially in rural counties, and discussed a rural development plan with potential matching funds for counties above ten percent unemployment.
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