In 2019 residents of the greater Charleston region spent over $800 million on online shopping and retaining professional service firms with no presence in our community. Over $100 million of that was spent on amazon.com alone. Until the pandemic, this exodus of capital from our community was offset by the influx of capital brought by tourism, however, the pandemic clearly showed that without tourism or economy is at risk.

Watching local businesses fold, watching local people lose their jobs, and watching our most vulnerable neighbors endure their highest levels of risk since the financial crash of 2008, caused our mayor to look for ways to build greater economic resiliency moving forward. The result is LOCAP CHS (Local Capital Charleston), which is an e-commerce platform purposed to bring material amounts of the capital currently leaving our economic ecosystem back to a local community.

Using a unique ranking system that clearly shows the percentage of money that will remain in our economic ecosystem when products or services are purchased, LOCAP CHS provides local businesses with the opportunity to create, or duplicate online shopping stores allowing residents to support the local economy.

Helping local businesses and the local economy is not the only purpose of LOCAP CHS, because it is also designed to help almost vulnerable residents. LOCAP CHS invites vulnerable residents of our community to become ambassadors for the platform. By simply socializing the existence of the platform throughout their personal and professional networks, our most vulnerable neighbors can earn an income that can make a huge difference in their lives.

There is no cost for local businesses to leverage the LOCAP CHS platform, however, they do pay a commission of up to 10% on any sale. Out of this commission, LOCAP CHS gives 60% to the ambassador responsible for the sale.

An elderly women in a nursing home sitting and with a young nurse to highlight the venerable people in our communities.

Helping Our Most Vulnerable Neighbors

Charleston is home to over 1,000 wounded veterans, over 1,000 unpaid caregivers providing care to loved ones with chronic conditions/special needs, and over 1,000 people who have incredible skills but are homebound. It is time to help them while we help our city. We have integrated with Unbound Life, a Charleston business aimed to employ these capable homebound individuals. Our integration will allow us to empower our most vulnerable neighbors while building this platform.

A street in Charleston, SC at sunset with no cars on the street.

Helping Existing Businesses Survive and Grow

We cannot let any more of our local businesses fold. The only way to save them is by truly investing in our city; ensuring our money spent on products and services remains in our economy. Our platform allows any business within Charleston to list their products and services for free. Using our unique ranking system, you can select which products or services to buy based upon how much of your money will remain in our economy.

A group of diverse individuals sitting at a round business table talking about something.

Building New Businesses

We are proud to say that we are integrated with In Place Impact. The company has been teaching Impact Entrepreneurship at CofC for 7 years. Ask anyone in the School of Business about the class that the company designed and teaches, and they will tell you just how remarkable it is. But we did not stop there, as over 600 residents have taken the free community version of the class, all focused on building for-profit, impact-focused companies in Charleston. 


LOCAP, your local purpose driven marketplace

LOCAP

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Impact Life

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Impact Life, Supporting our unpaid caregivers
Unbound Life, Empowering the homebound

Unbound Life

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In Place Impact Accredited Member

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In Place Impact | People, Planet, Profit.

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