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  • Newton Makes Top 10 Metro Regions in the U.S. with Most Tech Startups

    Newton Makes Top 10 Metro Regions in the U.S. with Most Tech Startups

     … high-tech startups are being founded across the country, fueling local and national economic growth. While well-known high tech hubs like San Francisco, Silicon Valley, Seattle, Boston, and Austin still are important sources of technology entrepreneurship, we find that hightech startups are a pervasive force in communities throughout the country.

    Kauffman Foundation Research Series: Firm Formation and Economic Growth Tech Starts: High-Technology Business Formation and Job Creation in the United States

     

    Entrepreneur Magazine just listed the Top 10 Metro Regions in the U.S. with the Most Tech Startups, landing at #4 in the metro region that includes Cambridge and Framingham.

    Here is a rundown of the U.S. metro regions with the highest ratio of tech startups compared to the national average:

    1. Boulder, Colo.
    2. Fort Collins-Loveland, Colo.
    3. San Jose-Sunnyvale-Santa Clara, Calif.
    4. Cambridge-Newton-Framingham, Mass.
    5. Seattle

    The report is from technology policy coalition Engine and entrepreneurship research association the Ewing Marion Kauffman Foundation here which tracked high tech density:

    First, each of the high-density metros has one of three characteristics, and some have a combination: they are well-known tech hubs or regions with highly skilled workforces; they have a strong defense or aerospace presence; they are smaller university cities.

    Kauffman Foundation, Index of Entrepreneurial Activity, 1996–2012

     

    The rest of the list included:

    6. Denver
    7. San Francisco
    8. Washington-Arlington-Alexandria, D.C.-Va.-Md.
    9. Colorado Springs, Colo.
    10. Cheyenne, Wyo.
    11. Salt Lake City
    12. Corvallis, Ore.
    13. Raleigh-Cary, N.C.
    14. Huntsville, Ala.
    15. Provo-Orem, Utah
    16. Bend, Ore.
    17. Austin-Round Rock, Texas
    18. Missoula, Mont.
    19. Grand Junction, Colo.
    20. Sioux Falls, S.D.
    21. Bethesda-Frederick-Rockville, Md.
    22. Durham-Chapel Hill, N.C.
    23. Portland-Vancouver-Beaverton, Ore.-Wash.
    24. Wilmington, Del.
    25. Ames, Iowa

    Kauffman Foundation, Index of Entrepreneurial Activity, 1996–2012, the states that posted the highest rates of entrepreneurial activity in 2012.

    More details in Newton Patch.

    Image from Commerce.gov