10 Cities With the Hottest Startup ActivityA new report from the Kauffman Foundation pinpoints where you'll find the most startup opportunity across the country.
ByNina Zipkin•
If you think you'll have to move to the Bay Area to get a foothold in the startup world, think again.
This week, the Kauffman Foundation released its annualStartup Activity Indexthat explores the state of entrepreneurship across the United States. According to the data assembled in the report, the home of Google, Facebook and Twitter doesn't even crack the top 10. Neither does Amazon and Microsoft's hometown of Seattle.
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40个城市的排名报告中,研究人员found that from 2016 to 2017, the cities that had the biggest boost in startup activity were , St. Louis, Cincinnati and San Antonio, while Nashville, Tenn., Baltimore and Columbus, Ohio, saw their activity rates decline. The bottom five on the list were Philadelphia, Minneapolis, Indianapolis, Milwaukee and Pittsburgh.
The report weighed three factors when assessing each city's fitness as a startup hub: the rate of new entrepreneurs; the opportunity share of new entrepreneurs (which is the percentage of business owners who left who minimum wage and salaried gigs, other labor market statuses and school to start their companies); and startup density, or the number of startups out of every 1,000 businesses in the area.
Read on for the top 10 ranked cities.
roberto bowyer | Getty Images
Miami-Fort Lauderdale-Pompano Beach
Rank 2016: 2
Rate of new entrepreneurs: 0.56 percent
Opportunity share of new entrepreneurs : 81.09 percent
Startup density: 107.8
John Cabuena Flipintex Fotod | Getty Images
Austin-Round Rock-San Marcos
Rank 2016: 1
Rate of new entrepreneurs: 0.51 percent
Opportunity share of new entrepreneurs : 84.73 percent
Startup density: 104.5
Daniel Viñé Garcia | Getty Images
Los Angeles-Long Beach-Santa Ana
Rank 2016: 3
Rate of new entrepreneurs: 0.56 percent
Opportunity share of new entrepreneurs : 80.03 percent
Startup density: 92.3
sandiegoa | Getty Images
San Diego-Carlsbad-San Marcos
Rank 2016: 11
Rate of new entrepreneurs: 0.49 percent
Opportunity share of new entrepreneurs : 82.54 percent
Startup density: 95.9
Chris Sattlberger | Getty Images
Las Vegas-Paradise
Rank 2016: 5
Rate of new entrepreneurs: 0.42 percent
新企业家的机会分享:81.93狗万官方cent
Startup density: 120.7
traveler1116 | Getty Images
San Antonio-New Braunfels
Rank 2016: 14
Rate of new entrepreneurs: 0.38 percent
Opportunity share of new entrepreneurs : 89.97 percent
Startup density: 87.2
Predrag Vuckovic | Getty Images
New York-Northern New Jersey-Long Island
Rank 2016: 7
Rate of new entrepreneurs: 0.41 percent
Opportunity share of new entrepreneurs : 84.43 percent
Startup density: 86.5
Matt Mawson | Getty Images
Phoenix-Mesa-Glendale
Rank 2016: 10
Rate of new entrepreneurs: 0.38 percent
Opportunity share of new entrepreneurs : 87.15 percent
Startup density: 92.1
Shobeir Ansari | Getty Images
Houston-Sugar Land-Baytown
Rank 2016: 6
Rate of new entrepreneurs: 0.40 percent
新企业家的机会分享:81.93狗万官方cent
Startup density: 92.6
gcosoveanu | Getty Images
Denver-Aurora-Broomfield
Rank 2016: 8
Rate of new entrepreneurs: 0.39 percent
Opportunity share of new entrepreneurs : 82.87 percent
Startup density: 92.3
