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Q: top startup cities in US? ( Answered 4 out of 5 stars,   1 Comment )
Subject: top startup cities in US?
Category: Business and Money > Finance
Asked by: bugbear-ga
List Price: $25.00
Posted: 23 May 2006 05:03 PDT
Expires: 22 Jun 2006 05:03 PDT
Question ID: 731622
After Silicon Valley and Boston, which US cities have the most
venture-backed startups?
Subject: Re: top startup cities in US?
Answered By: rainbow-ga on 23 May 2006 10:38 PDT
Rated:4 out of 5 stars
Hi bugbear,

The following is the result of my research:

"Venture capital is a story of Silicon Valley and everyone else. The
San Francisco metro area receives over twice as much venture capital
as a share of its economy as does Seattle, the next-highest metro.
This is clearly because the area remains the technological innovation
capital of the globe, with a strong presence in a host of high-tech
sectors, including biotech, Internet, telecom, computers, and devices.
In contrast, other top-ranking metros, including Seattle, Austin,
Raleigh-Durham, San Diego, and Washington, D.C., are much more
specialized on one or two high-tech industries.28 The presence of
strong university engineering and science programs, in places like
Silicon Valley, Austin, and Raleigh, is also associated with venture
capital investments."

New Economy Index

VentureWire Ranks Top 20 Metro Areas for Venture Capital
Top 20 Metro Areas (2001)

"The dynamic, job-generating information-technology and service
companies that characterized the boom of the 1990s are still around.
But it's getting harder to find them in the usual high-tech clusters
like Silicon Valley, Boston, and Austin. Instead, five years after the
bubble burst and a year or so into an economic recovery, those same
kinds of companies are thriving in places like Reno, Nev., Boise,
Idaho, and Naples, Fla. -- cities that were once mere specks on the
new-economy map." The Best Places For Doing Business in America 2005
The Best Places for Doing Business in America, May 2005 

How the rankings were calculated

"Call it the revenge of the boondocks. For several years now, the
nation's entrepreneurial hotbeds have been migrating from the major
urban centers to smaller cities on the periphery. But a funny thing
happened on the way to Inc.'s 2006 Hot Cities list. Demographic trends
have accelerated to the point that what once constituted the periphery
is no longer, well, peripheral. Sure, longtime list-topping cities
such as Phoenix, Daytona Beach, and Orlando again are posting strong
job growth and continue to be great places to do business. But the
nation's newest entrepreneurial hotbeds can be found even further
afield--in cities like Bellingham, Washington; Port St. Lucie,
Florida; and McAllen, Texas--places that have never registered as
business centers. The rise of these small communities is the most
important trend emerging from this year's survey of the nation's
hottest places to do business. As always, our list (which was compiled
by Michael A. Shires, professor of public policy at Pepperdine
University) puts the focus on job growth, which we believe is the best
measure of a region's economic vitality--especially as it applies to
entrepreneurs. The Small Business Administration estimates that small
companies generate as many as three-quarters of the nation's new jobs;
as a result, a region showing strong job creation is likely to be a
hotbed of entrepreneurial activity. What's more, strong job growth
suggests that a region's economy is expanding. That means new demand
and new opportunities." Boomtowns '06 

Boomtown: Overall Best Cities

More rankings can be found here:
Best Places For Business And Careers

Search criteria:
top startup cities "Silicon Valley" Boston
top "start up" OR startup cities venture-backed "Silicon Valley" Boston

I hope the information provided is helpful.

Best regards,
bugbear-ga rated this answer:4 out of 5 stars and gave an additional tip of: $5.00
Here's the answer:,
but you made a good effort.

Subject: Re: top startup cities in US?
From: rainbow-ga on 02 Jun 2006 13:39 PDT
Thank you for the tip.

Best regards,

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