Palmetto Economic Development Corp logo

Site Readiness Fund (SRF)

Palmetto Economic Development Corp

Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

Foundation

Deadline history & next window

Cycle
Rolling — applications accepted year-round
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Communities served by electric cooperatives
  • Economic development entities

Overview

SRF grants provide funding for communities served by electric cooperatives to improve very high value economic development sites and buildings with strong potential for immediate or short-term return on investment.

Geographic Scope: Communities served by electric cooperatives in South Carolina

Eligible Applicants:

  • Communities served by electric cooperatives
  • Economic development entities

Funding Focus:

  • Site and building improvement projects
  • Projects with strong potential for job creation
  • Capital investment opportunities
  • Electric consumption growth

Project Requirements:

  • Grant funds must be matched at least one-to-one by the project

Program Status: Active

  • Projects Approved: 47
  • Total Invested: $59M+
  • Combined Funding (with matches): $268M+

Administration: The South Carolina Power Team staff manages funding approvals and priorities

Contact:

  • Phone: 803.254.9211
  • Address: 1201 Main St., Suite 1710, Columbia, SC USA 29201-3212
  • Website: scpowerteam.com

What Palmetto Economic Development Corp actually gave

Source: IRS Form 990 filing, 2024

Grants in 2024
2
Total given
$43K
Median grant
$22K
Range
$18K–$25K
  • By dollars: South Carolina 100%. Top recipient cities: Florence, SC; St Matthews, SC.

Example grants

  • Florence County Economic Development Partnership · Florence, SC

    Strategic planning

    $25K

  • Trico Development LLC · St Matthews, SC

    Site advancement

    $18K

IRS Form 990 filing, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Economic services
  • Community development

Categories

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