New entrepreneurs understand the importance of choosing the right city to start up in. Each city offers different resources such as access to talent, networking opportunities, access to finance, cost-effectiveness, etc. Here are the best 5 cities for entrepreneurs on our list.
With a strong concentration of prestigious computer science and engineering universities such as Georgia Tech, Morehouse, Spelman, and Clark Atlanta, this city provides a flourishing technology culture. Its cost of living is also 7% below the national average. This makes it the fifth-best start-up city in the USA, on our list.
With over 24 incubators and accelerator programs, San Diego offers great locational advantages for start-ups. Additionally, home to the University of California, San Diego, this city acts as a pipeline for exceptional talent and is an exceptional hub for innovation.
New York City
With 3-year revenue growth of 197%, New York City has been the home to many unicorns such as WeWork and Warby Parker (Source – Inc.com). New York City also offers instant access to multiple investment companies and is the perfect custom engagement site for tech start-ups.
Start-ups in Austin grew faster than those in any other city, at a tremendous 89$ per annum – making it an entrepreneurial haven. With close proximity to digital giants such as Facebook, Amazon, and Apple, start-ups here have the unique opportunity to collaborate with these firms as well as the rising start-ups around them.
If you can afford the expensive rent, San Francisco is universally infamous for its start-up ecosystem. Known for launching unicorns such as Airbnb, Stripe, and Uber, this city offers limitless opportunities for those who can hustle hard enough to get them.
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