February 2019 Features
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Nelson Mullins’ Venture Capital Practice Garners Global and National Honors
February 28, 2019
“We are delighted that we continue to be ranked globally and nationally for our capabilities and years of experience in representing startups and venture funds,” said Douglas R. Spear, who heads the Firm’s Emerging Growth and Venture Capital practice.
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SMB's See Technology as Key to Reaching New Customers, Entering New Markets & Streamlining Operations
February 28, 2019
Technology is a primary driver helping the nation's small and medium-size businesses (SMBs) to reach their goals, according to new research from CompTIA, the leading trade association for the global technology industry.
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Topgolf Opens First Venue in South Carolina
February 26, 2019
"We are thrilled to finally open the doors to South Carolina's first Topgolf venue," said Topgolf Myrtle Beach Director of Operations Jeff Kowalski. "Topgolf is everyone's game and we are looking forward to serving the best possible experience for our guests."
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MUSC to Build a $50M Hospital and Replace 2 Others in Rural SC
February 25, 2019
Critical access hospitals serve small, rural populations and receive cost-based adjusted reimbursements for Medicare services. These cost adjustments help to stabilize rural hospitals, making them less vulnerable to financial issues.
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SCRA & SC Launch Celebrate $1B in follow-on Funding for SC-based Companies
February 22, 2019
Access to follow-on capital is critical to the success of entrepreneurial companies. Angel investors, venture capital funds and corporate investors are the main source of follow-on funding secured by SC Launch companies.
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State Leaders Call for Cabinet-level Division of Veterans Affairs
February 20, 2019
Governor Henry McMaster was joined by veterans, members of the General Assembly, and S.C. Adjutant General Maj. Gen. Van McCarty in supporting proposed legislation which would make the South Carolina Division of Veterans Affairs a standalone cabinet agency. Currently, the Division of Veterans Affairs is housed under the Department of Administration.
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Google’s Investment in South Carolina Exceeds $2B
February 18, 2019
Governor Henry McMaster joined state and local officials both to celebrate Google’s 10-year anniversary in Berkeley County and to announce that the company has invested more than $2.4 billion in South Carolina. Google’s ongoing investment is one of the largest in South Carolina history.
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Senator Tim Scott Passes More Sections of His Large Federal Lands Package
February 13, 2019
“This is an exciting day for South Carolina, as the Fort Sumter and Fort Moultrie National Historical Park Act will help ensure the preservation of these important sites for generations to come,” Senator Scott said. “I look forward to the overall legislation passing the House and heading to the President’s desk for signature.”
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State Treasurer Promotes Richards H. Green as New Commissioner of Banking
February 12, 2019
Green graduated from Presbyterian College in 1998 and has completed corporate and executive leadership development programs with the Federal Deposit Insurance Corporation and the Conference of State Bank Supervisors. He also completed Graduate School of Bank Investments and Financial Management with the Darla Moore School of Business at the University of South Carolina.
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SCBIO Adds 10 Life Sciences Industry Leaders to Board of Directors from Across Palmetto State
February 11, 2019
Less than two years after initiating a comprehensive relaunch of the state’s official life sciences organization, SCBIO has expanded its Board of Directors for its 501c6 operational entity and added a second 10-member Board for its 501c3 research and educational arm for 2019.
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BB&T and SunTrust to Combine in Merger of Equals to Create Premier Financial Institution
February 08, 2019
The pro forma company will have approximately $442 billion in assets, $301 billion in loans, and $324 billion in deposits serving more than 10 million households in the United States, with leading market share in many of the most attractive, high-growth markets in the country.
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Scott, Coons Introduce Legislation to Strengthen Partnerships between HBCUs and Federal Agencies
February 07, 2019
The HBCU PARTNERS Act builds on the President’s 2017 executive order on HBCUs. It will require federal agencies with relevant grants and programs to undertake annual planning and coordinate their efforts to support and expand HBCU participation those programs.
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2019 Business Outlook Survey Report: Confidence Outlook Takes a Tumble
February 05, 2019
Only 34 percent of executives who responded to the survey expect business conditions in the U.S. to improve in the next year. Last year, nearly 80 percent predicted improvement.
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Equifax to Provide Free Credit Report Service to Consumers Impacted by Partial Government Shutdown
February 05, 2019
Equifax Inc., a global information solutions company, announced that it will provide a free credit report service to consumers employed by the federal government who were impacted by the partial shutdown.
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SC Chamber Foundation Report Offers Strategies For Businesses To Control Rising Healthcare Costs
February 04, 2019
The report was created by the Healthcare Task Force of the SC Chamber Foundation in response to years of business surveys showing that the rising cost of healthcare consistently ranks among the most challenging issues facing the business community.
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Grants to Nurture Clemson Technology Development
February 01, 2019
The Clemson University Research Foundation (CURF) has announced six researchers will receive Technology Maturation Fund grants to support the last critical step in technology development.