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Business
South Carolina Business Review

Upstate Advisory Firm Spurring Economic Development

By Mike Switzer
Published June 19, 2015 at 5:05 AM EDT

  Do you live in a community that you believe would thrive if there were just some money available for economic development? For the past decade, our next guest has been helping parts of Upstate South Carolina do just that through investment funds that utilize what are known as New Market Tax Credits.

Mike Switzer interviews Tammy Propst, president of TaxAdvantageGroup in Greenville, SC.

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Mike Switzer
After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.
See stories by Mike Switzer