U.S. Senator Lindsey Graham Applauds $45 Million Grant for South Carolina Tech Hub
Introduction
South Carolina Senator Lindsey Graham enthusiastically commended the announcement made on Tuesday, July 2nd, 2024, marking a major boost for the state’s technology industry. An impressive $45 million in Federal funding has been earmarked for the development of a prominent technology hub within the state.
The Tech Hubs Program Award
The U.S. Department of Commerce’s Economic Development Administration (EDA) has committed the multimillion-dollar fund under its Tech Hubs Program. The funding is specifically designed to increase the production of crucial technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness, and support national security. This grant has been awarded to the SC Nexus for Advanced Resilient Energy.
Senator Graham declared his joy over the wholesome news: “This funding is great news for South Carolina. Out of hundreds of applications, our state was chosen as one of twelve tech hubs to receive funding to focus on the increasing energy demands and needs of our nation. The more efficient the grid, the better our economy and environment,”
The South Carolina Department of Commerce Involvement
The funding request was put forward by the South Carolina Department of Commerce. They were instrumental in securing this grant, which will significantly contribute to addressing energy demands, increase efficiency, and contribute to a greener economy.
In applauding the efforts of all those involved, Senator Graham added: “Hats off to the South Carolina Department of Commerce and all those involved in putting this application together. In particular, I’d like to acknowledge both Governor McMaster and Congressman Clyburn who went over and above to make the case for our state. They are indispensable when it comes to getting results for South Carolina. I believe that the best is yet to come when it comes to advocating for our state.“
The Impact of the Grant
This significant grant puts South Carolina on the national map as a leading tech hub, ensuring that it is at the forefront of technological advancements. Furthermore, it ensures job creation in innovative sectors and promotes national security — two pressing issues in today’s society. Considering the descending competition of the applications, body officials appreciated it as a great triumph for the state.
This celebrated news signals a bold step for South Carolina, as it proceeds to play a crucial role in promoting technological growth on the whole. With further momentum anticipated in the technological sector, the funding will undoubtedly unlock an array of opportunities for the state, edging it closer to being a powerhouse in fostering advanced and resilient energy.
Author: STAFF HERE MYRTLE BEACH
The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
