Incentives

Collaborative Efforts

Business Owners Have the Entire State on Their Side

The Town of Mount Pleasant has worked with Charleston County and the State of South Carolina to provide resources to reduce the burdens of doing business. Business owners will find incentives such as those designed to reduce the cost of getting started as well as grants and tax incentives from the State.

Incentives for Business Owners

Reduce the Cost of Doing Business

Charleston County offers incentives like statutory and discretionary incentives to support targeted business ventures. Learn more about these financial incentives and other opportunities working with the County by visiting the Charleston County Development website.

The Coordinating Council for Economic Development was established in 1986 due to a need for improved economic development efforts by state agencies. The State of South Carolina offers grants and incentives to help recruit new businesses and grow the current ones across the state.

Learn more on the SC Commerce website.

The Charleston Region Development Alliance advocates for long-term economic growth in the Charleston Region. Learn more about incentives for taxes and credits, cost savings, worker’s compensation, and unemployment on the CDRA website.

The Digital Corridor provides technology companies the perfect physical and social environment for growth. Learn more about the latest initiatives provided by the Digital Corridor of Charleston on the Charleston Digital Corridor website.

Businesses that partner with Dominion can receive incentive/rebate money to upgrade to more efficient equipment. Learn more about opportunities for partnering with Dominion on their website.

The SC Department of Commerce is doing their part to help grow new and existing businesses across the state by offering grants for community development and infrastructure improvements. Learn more about the various programs and incentive opportunities on the SC Commerce website.

Economic Development Incentive Grant

The Town of Mount Pleasant views business investment as a key component of managed growth. The Town created this grant to incentivize the location and business expansion in the town ultimately adding to the tax base. This also helps create clean, high-paying jobs all built within the natural environment of the town.

This grant is ideal for companies with the ability to relocate and are not, or are minimally dependent (less than 30% of their sales or income) on the town of Mount Pleasant or the Charleston Region.

Qualifying businesses can receive grants to partially or fully reimburse municipal impact fees, building permit fees, plan review fees, and business license taxes.

Past awardees include: