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SC: Charleston's digital corridor spawning high-paying jobs, growing startup technology companies | The Republic

SC: Charleston's digital corridor spawning high-paying jobs, growing startup technology companies | The Republic | FemCity Charleston | Scoop.it

A decade ago, as property values on the Charleston peninsula were skyrocketing, wages based largely on tourism and service industrieswere nowhere near keeping pace.

 

That problem proved the genesis of the Charleston Digital Corridor, a successful economic development strategy that created a public-private effort growing startup technology companies that could pay higher salaries.

 

"We were risking creating a third-world country of haves and have nots," said Ernest Andrade, who has headed the corridor since its inception in 2001 and said one of the corridor's biggest selling points is Charleston itself.

 

The corridor helps startup knowledge and computer-based businesses with incentives, training and finding employees. The next step is to provide startup capital and grants as well.

 

The corridor opened its first business incubator, Flagship, back in 2009 in what was once a video rental store. Since that time the corridor has worked with 51 companies, which in turn have created 200 jobs and an estimated $15 million in payroll.

 

The corridor now has a second incubator, Flagship2, which opened last year in a building once occupied by a television station at the edge of the city's historic district. Of the 51 companies that have worked out of the incubators, only three have folded.

 

Corridor members are involved in everything from software development and interactive marketing to video production and information technology consulting.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Charleston giving away free two-hour parking vouchers for holidays

Charleston giving away free two-hour parking vouchers for holidays | FemCity Charleston | Scoop.it
In the spirit of the holidays, the city of Charleston is giving away a free, two-hour parking voucher to use at many of its downtown parking garages. (RT @postandcourier Happy Holidays!
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