Economic Development Clusters

In addition to quality of life issues like greenbelts, I'm glad to see Charleston County intentionally creating an environment to attract business . . . the sort of business that can in turn provide the revenue to support the programs that contribute to a desirable quality of life! For a long while we sort of coasted on our natural charms, and I'm glad to see such thoughtful, inclusive planning for the future instead of just taking what comes. It's great to know this place that I love is going to be a a place my children can love, too!

"In Charleston County, like other places, economic development often centers on feeding the small fish, rather than trying to catch the big one. That’s why the county sees its small business enterprise program as an economic engine. It’s limited to companies with revenues under $7.5 million, but the idea is that they’ll grow and attract other companies.

The program, which helps business locate bid opportunities on government contracts, launched after a report showing disparities in the county’s hiring of minority- and women-owned businesses to provide goods and services. But the county is now emphasizing it as 'race and gender neutral' in an effort to ensure the entire small business community can benefit.

Not only will those companies grow themselves, they’ll add the groundwork to attract more business, he said.

'When big companies come here, you have to have these small feeder companies that are going to need to supply support to these firms,' Tolbert said. 'When you can tell a large corporation we already have the firms here to give you the technical support that you need, that’s a recruitment tool.'

To date, 268 businesses have registered in the program, which started in Dec. 2007.
Another 50 have pending applications, Tolbert said.

The program stems beyond identifying ways to secure government contracts. It also helps companies gain enterprise certification that will help them connect with other contractors as well. In addition, the county sponsors numerous workshops for businesses registered in the program, which essentially provides a professional network for companies seeking information and work, Tolbert said.

'Our concern is helping them grow so they can hire more people. We’re forming a resource network of information and technical assistance,' he said. "

For the full Charleston Regional Business Journal article: http://www.charlestonbusiness.com/current/14_16/news/12520-1.html