Fast Facts

• The South Carolina SmartState Program was established by the South Carolina legislature in 2002.

• 49 Centers of Economic Excellence have been approved to date.

• 38 SmartState Endowed Chairs have been appointed to date.

• Each approved Center is awarded between $2 million and $5 million in state funds.

• The program has made $186.6 million in total awards as of September 2009.
  
  
• State funds must be matched dollar-for-dollar with private, municipal, or federal funds.

• $181,887,613 in matching funds have been pledged to the program since its inception.

• $162,779,305 in matching funds have been received since the program's inception.

• $157,537,712 in state funds have been drawn down since the program's inception.

• The SmartState Program has resulted in more than $400 million in non-state investment into the South Carolina economy.

• The SmartState Program has led to the creation of more than 5,000 jobs in South Carolina.

• For a summary of funded Centers (by funding year), click here.

• For a detailed financial summary of all funded Centers, click here.