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:
- Boulder, Colo.
- Fort Collins-Loveland, Colo.
- San Jose-Sunnyvale-Santa Clara, Calif.
- Cambridge-Newton-Framingham, Mass.
- 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.
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
