Business & Economy

PODCAST | Recovering from the Flood: Lexington's Old Mill

November 11, 2015 - Posted in Carolina Money by A. Esselman
Recovering from the Flood: Lexington's Old Mill

Laban Chappell is the co-owner of Lexington's Old Mill, along with his father-in-law and brother-in-law. He lives in Charleston and travels to Lexington frequently to maintain the mill and work with the businesses that are located there. The Old Mill is home to many local...

Eight Tips For Women Who Want To Start A Business

November 7, 2015 - Posted in Carolina Money by M. Ziehe
Women sitting in down watching a workshop

Do you want to start your own business but have no idea how to take the first steps? The South Carolina Women's Business Center is one of the resources located in Columbia S.C. that aims to educate and train entrepreneurs at all levels. The program is part of the Center for...

More Changes and Growth in The Vista

November 5, 2015 - Posted in Palmetto Scene by K. Park
Finlay Park

Columbia’s Vista has become a hub for citizens in the Capital City looking to live, work and play in the heart of downtown. So it should come as no surprise that the Vista is continuing to grow. Cola Daily reports that two new restaurants will soon be coming to the Vista:...

Q&A | A Conversation with Anthony Goldman, CEO of Koala Bottle

November 5, 2015 - Posted in Carolina Money by A. Esselman
Anthony Goldman, CEO of Koala Bottle

Anthony Goldman is the founder and CEO of Koala Bottle. The bottle is a magnetic bottle system designed for bicycles. It allows easier access to the water bottle while riding and greater safety because the rider does not have to take his or her eyes off the road. The bottle...

VIDEO | LaBrasca's Pizza Slowly Gets Back on Its Feet

November 4, 2015 - Posted in Carolina Money by M. Ziehe
LaBrasca's Pizza

After the historic flood that struck Columbia early in October, many businesses suffered damages unlike anything they have ever seen. LaBrasca’s Pizza was one of them. Located in the Garners Ferry area, LaBrasca’s suffered from the unexpected flooding of Gills Creek...

Filming in S.C. Causes Businesses to Boom

November 2, 2015 - Posted in Palmetto Scene

The story of a young man seeking answers after being plagued with a demon his whole life is causing a lot of cash flow for Rock Hill, South Carolina. The television series Outcast has been filming in York and Chester counties since June and has pumped more then $2 million...

Q&A | ​Abigail Zeiler, Director of Communications at Columbia Opportunity Resource (COR)

October 28, 2015 - Posted in Carolina Money by M. Ziehe
Abigail Zeiler, Director of Communications at Columbia Opportunity Resource (COR)

Columbia Opportunity Resource, COR, connects talented professionals in the greater Columbia area to diverse and meaningful networks for leadership, service and fun. COR is a 501(c)3 nonprofit organization. COR's vision is an innovative, energized and successful Columbia...

Columbia Native Provides Financial Education Through Know Money Inc.

October 22, 2015 - Posted in Carolina Money

Since May 2014, Know Money Inc. Founder & Chief Financial Mentor Steven Hughes has worked with nearly 1,000 individuals, businesses, and nonprofit organizations across South Carolina to advance financial literacy. As an award-winning B2B salesman, Global Shaper for the...

SBA Announces Resources Available to Aid the Region’s Recovery

October 21, 2015 - Posted in Carolina Money

Administrator Maria Contreras-Sweet, the head of the U.S. Small Business Administration (SBA) and member of President Obama's Cabinet, was in Columbia, South Carolina, today to meet with business owners, residents and local officials on recovery efforts in the aftermath of...

Q&A | Understanding Small Business Loans

October 20, 2015 - Posted in Carolina Money by K. Park
Holt Chetwood, Wells Fargo Midlands Market President and Blake Montgomery, Wells Fargo Business Development Officer in Columbia

As South Carolina continues to develop into a business-friendly environment with a diversifying economy, many in the state are opening and maintaining small businesses. As of July 31, 2015, Wells Fargo is the leading SBA (Small Business Administration) 7(a) lender in South...

SBA Opens Business Recovery Center in Richland County

October 19, 2015 - Posted in Carolina Money
SBA Opens Business Recovery Center in Richland County

According to a press release , the U.S. Small Business Administration opened a Business Recovery Center to help several counties in S.C., including Richland and Lexington County. The Business Recovery Center will help business owners apply for low interest disaster loans,...

SCFC Estimates Loss of $65 Million in Forest Industry from Flooding

October 19, 2015 - Posted in Palmetto Scene by L. Steele

The South Carolina Forestry Commission said in a press release that they estimate the forest industry will suffer a loss of at least $65 million due to the recent flooding in S.C. This does not include the expected millions of dollars it will cost to repair damaged private...

7 Tips for Aspiring Entrepreneurs from the Start Conference

October 15, 2015 - Posted in Carolina Money by A. Esselman
Students entrepreneurs in the Start Conference

The first Start Conference for student entrepreneurs at the University of South Carolina was held in early October, in partnership with the USC/Columbia Technology Incubator and the USC Student Life Leadership and Service Center. Fve local entrepreneurs came to speak to...

Columbia Place Mall Helps Businesses Affected by Flood

October 14, 2015 - Posted in Carolina Money

Columbia Place Mall is offering free rent to businesses that have been affected by the flood. This gives business owners in South Carolina the opportunity to continue doing business, even if the flood damaged their store. In an interview with WLTX Shawl Pryor, Senior Vice...

Disaster Loans Offered to Small Businesses Across the State

October 7, 2015 - Posted in Carolina Money

Small businesses located in declared disaster areas in South Carolina are eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration (SBA). The application filing deadline for physical demage is December 4, 2015 and for economic...

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