Tag Archives: Bill Mahoney

Additional Details of SCRA Lending Revealed; Legality in Question

Some South Carolina banks have had a tough go over the past few years. Hit hard by the ongoing economic downturn, no fewer than seven state financial institutions have been closed by regulators since 2009, while several others have been … Continue reading

Posted in Accountability, Economic Development, Incentives, SCRA, State Agencies, Transparency | Tagged , , , , , | 5 Comments

Research Authority Named Ninth-Fastest Growing “Company” in S.C.

The S.C. Research Authority, a tax-free state agency that represents itself as a private business, is No. 9 on this year’s state Chamber of Commerce list of the 25 fastest-growing companies in South Carolina. The chamber published the list in … Continue reading

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TRAC Recommends Nixing SCRA’s Sales Tax Exemption

The S.C. Research Authority, a state-created and state-controlled technology and real estate company, is adept at spreading its tentacles farther and deeper into South Carolina’s economy. For a change, however, a proposal with legislative roots would cut off one of … Continue reading

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SC Launch Grant to MUSC Dean’s Company Raises Questions

You’ve likely never heard the name, but if things work out for startup NextRay Inc., the individuals behind the company and its investors could do quite well for themselves. NextRay is touted as having helped develop a next-generation technology called … Continue reading

Posted in Accountability, Economic Development, Incentives, SCRA, State Agencies | Tagged , , | 3 Comments

Bill to Give SCRA More Control Remains Alive

A bill designed to give the S.C. Research Authority more financial flexibility and empower its executive committee to marginalize the organization’s governor-appointed chairman continues to fly under the legislative radar. But supporters of the bill are well aware of its … Continue reading

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SCRA Said To Be ‘Cleansing’ its Wikipedia Page

It would appear not everyone in South Carolina state government is all that thrilled with the open-source site Wikipedia. Wikipedia, the free web-based collaborative encyclopedia project that encourages public input on articles, identified the S.C. Research Authority as the location of … Continue reading

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SCRA Paid Nearly $4 Million in Bonuses during 2008-10

It’s taken more than seven months, but the S.C. Research Authority has finally complied with an S.C. Freedom of Information Act request seeking information on bonuses paid to executives of the state agency and its affiliates between 2008 and 2010. … Continue reading

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SCRA Intransigence Highlights State’s FOIA Flaws

More than half a year after The Nerve submitted an S.C. Freedom of Information Act request to the state agency charged with developing South Carolina’s “knowledge-based economy,” officials with the S.C. Research Authority say they’re ready to comply. SCRA Chief … Continue reading

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Legislators Show Lack of SCRA Knowledge

If South Carolinians were asked in a poll to explain what the S.C. Research Authority is, the vast majority of them probably would be unable to do so.
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Paper Trail Scarce Regarding SCRA Chair Selection

While the S.C. Research Authority may cloak itself in an air of mystery, there’s little doubt that state leaders have attached significant importance to the agency’s role in developing the state’s “knowledge economy.” Continue reading

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