Columbia, SC — The research is in: South Carolina is a great place to do business. In a report released today, Palmetto Promise Institute (PPI) unveils the most enterprise-friendly cities in the state.
“Central to the future health of our state is the ability of our cities and towns to attract businesses, which can test the limits of their ingenuity right here in the Palmetto State,” said Adam Crain, PPI Research Assistant and co-author of the report.
To determine the strength of a city’s enterprise friendliness, PPI used a formula, which measured and scored four major categories: economic vitality, business tax burden, community allure and transportation infrastructure.
Co-authored by Dr. John Hill of American Indicators and Dr. Oran Smith of Palmetto Promise Institute, the report compiles data in the aforementioned categories and ranks cities based on that data.
Topping the list is Bluffton. Buoyed by an impressive decadal population growth, healthy job growth and a low business tax burden, Bluffton scored a total of 81.07 points out of a possible 100 points. Mauldin, Greer, Simpsonville and Fountain Inn round out the top 5 respectively.
Numerous reports have been produced throughout the years comparing states to one another in terms of attractiveness to business. However, no such comparisons exist among cities within South Carolina. PPI’s report fills that void. Read the full report here.
The top-ten most enterprise friendly cities and their overall score are listed below.
|South Carolina City||Score (out of 100)|
|7)||Hilton Head Island||68.60|
About Palmetto Promise Institute
Founded in 2013, Palmetto Promise Institute is an independent, South Carolina-based non-profit research organization. The Institute exists to promote a flourishing South Carolina where every individual has the opportunity to reach their full potential. Palmetto Promise seeks to build intentional relationships and promote well-researched public policy ideas in a creative, relevant way, in order to create a culture that values mutual respect, personal freedom and informs and inspires people to work together for our shared future.
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