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CoastalScience@Work E-Newsletter – issue #11 ARCHIVED

Shem Creek in Mt. Pleasant South Carolina
CoastalScience@Work: Update from S.C. Sea Grant Consortium

In This Issue:

S.C. Sea Grant Consortium Generated $8.9 Million Economic Impact in South Carolina in 2012
Every $1 the state invested in coastal and ocean research, education, and outreach generated $26 in statewide economic output.

S.C. Sea Grant Consortium Economic Impact StudyThe S.C. Sea Grant Consortium generated $8.9 million in economic impact in South Carolina in 2012, and $11.5 million in the tri-state region, according to a Sea Grant-funded study completed by the University of South Carolina Darla Moore School of Business. In addition, the study notes that every $1 the state invested to support the Consortium and its coastal and ocean research, education, and outreach activities generated $26 in statewide economic output.

"We are proud of the work the S.C. Sea Grant Consortium performs and the value of that work to the State of South Carolina," said David A. DeCenzo, board chairman of the Consortium and president of Coastal Carolina University.

"The results of this study illustrate that the research, education, and outreach programming the Consortium undertakes is of significant value to South Carolina's economic, environmental, and social well-being," noted Rick DeVoe, executive director of the Consortium.

The study focused on four major economic contributions by the Consortium during a one-year period: total non-state external funding acquired, two volunteer-driven litter cleanups, the development of an independently run regional ocean observing organization startup, and workforce training programs targeted to the marine fisheries and aquaculture industries.

"There is no doubt that South Carolina's coastal region is one of its most valuable assets, which the S.C. Sea Grant Consortium helps to maintain," said Joseph Von Nessen, research economist in the Moore School of Business and the study's principal author. "But in addition, the Consortium also knows how to effectively leverage its own assets. For instance, the Consortium brings new federal dollars to the state and creates jobs that, on average, generate tax revenue which directly pays back approximately one-third of the Consortium's annual state appropriation."

A copy of the complete study, as well as an executive summary, is available on the Consortium website at

Upcoming Event: Southeastern Estuarine Research Society, February 13-15, 2014, Savannah, GA.

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The Consortium translates science-based information and applies it to critical coastal and marine resource issues to inform the decision-making process.

Last updated: 4/23/2014 12:45:20 PM
CoastalScience@Work E-Newsletter – issue #11 ARCHIVED


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