Home | South Carolina Centers of Economic Excellence Program
The South Carolina Centers of Economic Excellence Program (Endowed Chairs Program) was established by the South Carolina General Assembly in 2002, with $200 million designated from the South Carolina Education Lottery to fund the program through 2010. The legislation authorizes the state's three public research institutions (Clemson University, the Medical University of South Carolina and the University of South Carolina) to use state funds to create Centers of Economic Excellence (CoEE) in research areas that will advance the state's economy. Each CoEE is awarded between $2 million to $5 million in state funds, which must be matched dollar-for-dollar with federal, private or municipal funds. The program also supports CoEE endowed chairs, world-renowned scientists who lead the CoEE's. By investing in talent and technology, the CoEE Program fuels the state's knowledge economy, resulting in higher paying jobs and an improved standard of living in South Carolina. To receive CoEE funding, the research universities submit proposals that undergo a three-tier review process. Each proposal is first subjected to a technical review by field experts. After studying the technical review scores, the CoEE Review Board decides which proposals qualify for an onsite evaluation, which is conducted by a review panel composed mainly of senior research officials from Association of American Universities institutions. The review panel visits each university, hears proposal presentations and interviews investigators and university personnel. The review panel submits a final report with funding recommendations to the Review Board, which then votes on which new Centers of Economic Excellence to fund.
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