A Great Place for Business Success
TheLINK region is a richly fertile area for growing and relocating your manufacturing business. Simply put, you won’t find a place where the cost of living and doing business is lower than in TheLINK region. With competitive wage structures, reasonable taxation and a pro-business environment, the foundation for business success is well established.
Incentives & Taxes
A pro-business climate and a state that axes taxes—Your operation saves money and benefits from the state of South Carolina zeroing out a variety of taxes and rolling out the welcome mat for companies large, small and expanding. Locally, we create a tailored incentives package suitable for your company’s needs.
Job Development Credit
A Job Development Credit (JDC) is a discretionary, performance-based incentive that rebates a portion of new employees’ state withholding taxes. Those funds can then be used to address the specific needs of individual companies. JDCs are approved on a case-by-case basis by the S.C. Coordinating Council for Economic Development. To qualify, a company must meet agreed-upon growth goals.
Jobs Tax Credit
This statutory incentive, the Jobs Tax Credit (JTC) is available to companies establishing or expanding manufacturing, distribution, processing, tourism, warehousing, and R&D facilities. Credits range up to $8,000 per job. The tax credit is non-refundable and non-transferable, but unused credits can be carried forward for up to 15 years.
Economic Development Set-Aside Program
The Economic Development Set-Aside Program is another valuable state discretionary program of the Coordinating Council for Economic Development. The most common business assistance is road or site improvements, but other development costs can be funded through the program as well.
Fee in Lieu of Tax
The Fee-in-Lieu of Property Tax (FILOT) can reduce the assessment ratio on manufacturing properties by more than 40% for a set period of time. The FILOT is a discretionary development incentive, and is approved at the county level. All FILOTs are customizable and structured to meet the needs of both the community and the company.
Special Source Revenues Credit
A county-level incentive at the discretion of either Lee or Sumter County Councils, the SSRC allows the county to invest in the infrastructure necessary for local business growth.
MultiCounty Industrial Park
The MCIP allows a company to increase its Job Tax Credits by $1,000 per year, and can be a very valuable incentive. The MCIP also allows for the partnering county to realize an agreed-upon percentage of the project’s revenue stream, enhancing regional growth and competitiveness.
Job Training Incentives
The State can provide job training grants to companies that relocate or expand existing operations. The value of the training grants vary widely based on the location and nature of the training provided, but this discretionary incentive can cut a company’s training costs dramatically.
workfoRce & talent development
Developing our talent pipeline is critical to the continued success of this region. Therefore, we are taking great strides to safeguard the competitive advantage by creating programs that train and develop the talent necessary to fill the highly-skilled, highly-technical requirements of today’s manufacturing. After hosting a spirited Education Summit to align and develop a community-wide strategy, several ongoing programs have been implemented, to introduce, educate, and enrich the workforce agenda.
As an integral part of the SC Technical College System, the readySC™ program works with the 16 Technical Colleges to prepare South Carolina’s workforce to meet the needs of your company.
Established in 1961, readySC™ is one of the oldest and most experienced workforce training programs in the United States. readySC™ provides customized training for new and expanding business and industry in the state of SC at little or no cost.
Career and Technology Center
The Career and Technology Centers for Sumter and Lee Counties provides mechanical, technical, and medical training to the three high schools in Sumter School District and to Lee Central High School – offering instruction in skilled trades such as mechatronics, cosmetology, health science, automotive trades, etc. There are collectively more than 30 programs of study between the Sumter and Lee Centers and approximately 500 students currently enrolled.
Advanced Manufacturing Technology Training Center (AMTTC)
Located inside Central Carolina Technical College, the AMTTC boasts some of the most progressive mechatronics and industrial preparation modules known. The use of innovative tools, methods, and devices are combined with experiential learning to catapult users to a heightened level of job readiness.
Manufacturers and Technology Expo is an annual experience for 8th grade students in Sumter and Lee Counties to expose them to the advanced technology in modern manufacturing.
Year-round leadership program for high school juniors facilitated through monthly interactive sessions. At the completion of the program students graduate into community leadership roles during the senior year of high school.
Hosting a festival to celebrate advancement in Science, Technology, Engineering, Art, and Math allows show goers to see, experience, and dream about future careers while interfacing with industries and organizations that can make their dreams a reality. eSTEAM Sumter, is our way of bridging the gap, shoring up our workforce, talent, and highlighting the development and growth of our region.
Apprenticeships are an “earn while you learn” training model that combines structured on-the-job training, job-related education, and an accessible wage progression.
sites & buildings
Property, Land, Swift Access, and More… bang for your buck that is. We offer competitive incentives, countless assets, shovel-ready sites and speculative buildings in the Link Region.
LIVE OAK INDUSTRIAL PARK
WATER PLANT AT POCOTALIGO
I-20 INDUSTRIAL PARK
Lee County Spec Building