CHARLESTON, S.C. (WCIV) – Charleston's technology sector is continuing to add jobs to the local economy.
According to a statement from the Charleston Digital Corridor, 100 percent of member companies added jobs in 2012. The group said 73 percent of those businesses have plans to add more jobs before the year's end.
"Today we stand witness to an economic harvest resulting from long-term business development strategy by the City of Charleston focused on developing Charleston's knowledge economy," said BoomTown ROI CEO Grier Allen. "I am glad to be a beneficiary, and also a contributor, to our thriving software industry."
Reporting companies also showed an average wage level above $66,000 per year, which is more than 1.6 times the average wages for the region and the state, according to Charleston Digital Corridor.
The program added that office space for knowledge-based companies has also increased. In 2012, 43 percent of companies in the program increased their office space and 21 percent of those companies have plans to expand in 2013.
"The journey is just beginning," said Charleston Digital Corridor's director, Ernest Andrade.
The digital corridor was created in 2001 with 18 companies and three regions based on the Charleston and Cainhoy peninsulas. In 2006, the corridor grew to 77 companies. The Charleston Digital Corridor is currently made up of 91 member companies.
The city has been dubbed "Silicon Harbor" by Mayor Joe Riley and several members of the digital corridor because of the city's status as a burgeoning technology hub. According to a report from the Charleston Regional Development Alliance, the city is among the top 10 fastest growing cities for technology.