South Carolina recently launched a program to help businesses in the defense industry find successful new markets in the state, the South Carolina Department of Commerce said on Wednesday.
The program was created in a partnership between the South Carolina Department of Employment and Workforce (DEW), and the South Carolina Department of Commerce.
The program will diversify the defense firms that provide consulting services. The services are only provided on an application basis. This narrow approach could be negatively affected by budget cuts from the U.S. Defense Department.
The program supports firms in such a way that they will be able to reduce their dependency on the Defense Department. By expanding into different industries, such as automotive and aerospace, the defense firms will have more diversity in their customers. This, in turn, will help the defense firms stay afloat despite the budget cuts in federal defense spending.
“South Carolina is proud to be called the most patriotic state in America, and taking care of our eight military installations and the businesses that serve them is important to us,” Gov. Nikki Haley said. “With these two jobs agencies collaborating, programs like this one will help make sure that defense contractors continue to operate successfully and grow jobs in our state.”
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