The General Assembly desires to support the economic development goals of this State by improving the availability of early stage capital for emerging high-growth enterprises in South Carolina. To further these goals, this chapter is intended to: (1) encourage individual angel investors to invest in early stage, high-growth, job-creating businesses; (2) enlarge the number of high-quality, high-paying jobs within the State; (3) expand the economy of this State by enlarging its base of wealth-creating businesses; and (4) support businesses seeking to commercialize technology invented in this state's institutions of higher education. HISTORY: 2013 Act No. 80, Section 1.A, eff June 14, 2013; 2020 Act No. 138 (S.76), Section 3.B., eff May 26, 2020.
South Carolina Legal Code