Abbeville County plans $1.4M business incubator

A ribbon-cutting for Abbeville County’s planned incubator is set for the end of August. (Photo provided)Abbeville County can’t tout interstate access like some of its Upstate neighbors to attract business and industry prospects, but another enticement is in the works. Thirty-five miles away from Interstate 85, the rural county has built a 22,000-square-foot incubator to nurture startup businesses that can grow into economic generators for the community. Read More...

The GSA Business Power Event Series focuses on topics of interest to the Upstate business community. Each event is a moderated panel discussion with panelists and audience members. Video clips from recent events:

  •  Under Construction - Upstate developers discussed the status of a number of mixed-use projects.  Click to see several video clips. (April 2nd, 2014)

  •  Is It Beer Thirty Yet? - Owners of the Upstate's five craft breweries discussed their industry.  A rep from Stone Brewery was on the panel. Click to see video clips. (June 26th, 2014)

Video clips provided by:

N.C. bank plans move into Upstate market

Greensboro, N.C.-based community bank NewBridge has plans to enter the S.C. market, starting with an office in Greenville focused on serving companies with annual revenues between $25 million and $250 million throughout the Carolinas. The company hired Thomas DeMint to head up its S.C. operations out of Greenville. Read More...

Independence Bank director resigns over ‘strategic direction’

A. Alexander “Sandy” McLean III, a director on the boards of Independence National Bank and its holding company Independence Bancshares Inc., has resigned after six years on the board, citing a disagreement over the company’s strategic direction. The Greenville-based company and its bank reorganized its boards of directors last year after raising $14.1 million though private placement. Read More...

S.C. online job ads up 3,600 in July

The Palmetto State topped the South in the number of new help wanted ads, according to The Conference Board Help Wanted OnLine Data Series. Job gains were led by an increased hiring in education, training, library and management occupations. Read More...

Travelers Rest gambling operator sentenced to one year and one day

A Travelers Rest businessman who ran illegal gambling operations for more than two decades, at times with the help of law enforcement, has been sentenced to one year and one day in prison. A federal judge Tuesday sentenced Izzat M. Khalil, 54, after he made a plea deal that led to two firings in the Greenville Sheriff’s Department. Read More...


Office market movement may attract outside tenants

More movement in the Greenville-Spartanburg office market may be a positive force for attracting companies from outside the market looking for recently freed up high-end space. Sophisticated players in the market are also injecting capital into their existing assets to take advantage of the gap between Project One asking rates and the average market asking rate of about $20 per square foot for high-end space. Read More...

GADC’s new top executive coming from York County

FarrisThe Greenville Area Development Corp. has hired longtime York County Economic Development Director J. Mark Farris as its second president and CEO. Farris will start work Sept. 15, succeeding Kevin Landmesser, who has held the positions on an interim basis and will stay on as senior vice president. Read More...