Palmetto AgriBusiness Council’s mission is to define a common agenda for agribusiness and to advance that agenda aggressively in support of every component of the diverse agribusiness community. The Council shall function (through an Economic Development advisory committee) as the statewide economic development entity of South Carolina’s agribusiness industry. The Council shall pursue this purpose by researching and identifying economic opportunities and issues, and through education, facilitate strategic initiatives for the advancement of business growth and expansion of the state’s collective agribusiness industries. The Council shall also identify incentives for the recruitment of new agribusinesses to the state. The Council shall reserve the right through grant dissemination to establish a revolving loan fund for eligible agribusiness enterprises.