Charleston ranked number 4 for best place to launch a small business

Image by U.S. Mint

Portfolio.com has done its annual roundup of the most vibrant small business markets, and Charleston jumped from number 18 to number 4.

Why number 4? A 12% growth in population from 2003-08, 6% growth in private sector employment over the last few years, and 26.8 small businesses per 1,000 residents. 

We were runner up to Austin, Texas, Baton Rouge, Louisiana, and Raleigh.

You can check out Protfolio.com's story over here, or get the full city breakout.

A hat tip to ABC News 4 for spotting.

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