So what are the best cities for startups in the U.S.? Do you have the idea of starting a new business? Would you like to find the best city for your startup? Insider Monkey has given the answer where to start a new company in the world.
It is exhilarating to work for a startup. It is very exciting as well because you de something new that hasn’t been created. You can always find a market that has been left untouched. The opportunities are unlimited in these days and their number is continually growing. For instance car services are excellent examples because while large numbers of cities have cabs, apps like Uber, Gett, Lyft have revolutionized the way we can call a car if we want to go somewhere. Many people use these apps when they do overwork, it’s late at night and the trains don’t run very often, so it would be difficult to get home.
There are lots of places in the US that are favorable for startups. Some cities are not well-equipped for that, but luckily there are lots of cities that have the necessary resources for new companies. As for me this article of Insider Monkey was very edifying because I didn’t know myself which it is worth starting a new company if I decide so.
In order to get the right answer, Insider Monkey has consulted the website Kauffman Index. Then the cities were ranked by the rate of new entrepreneurs, startup density and the opportunity share. We have picked three cities from their list: Phoenix, Arizona; Denver, Colorado; an San Jose, California. In Phoenix the rate of new entrepreneurs is 0.34%, the opportunity share is 81% and the startup density is 95. In Denver, Colorado the rate of new entrepreneurs is 0.36%, the opportunity share is 85%, and the startup density is 92. In San Jose, California the rate of new entrepreneurs is 0.31$, opportunity share is 94%, and the startup density: 88.
For any further interesting information, you should read Insider Monkey’s article about the best cities for startups in the U.S.