Burlington Ranked #12 in list of Top 50 Best Cities for Entrepreneurs
Thursday, April 13, 2017
Posted by: Jeff Couture
Source: Vermont Business Magazine/Liveability.com
Livability.com has released its second annual Best Cities for Entrepreneurs list created in partnership with Entrepreneur magazine. Burlington ranked Number 12 on the list, with Alexandria, VA, topping the list. The new rankings combined Livability’s economic development experts and data scientists, who worked in tandem to rank small to mid-size cities across the US on what makes the best places for entrepreneurs to start a business and find quality of life.
The list is an exclusive, independent editorial ranking by Livability.com that started by reviewing over 2,000 cities across the country before narrowing the rankings to the top 50 cities for entrepreneurs. Each city had to be a great place to do business and feature a community with similarly-minded entrepreneurs – the team used 15 data points to rank the cities that included small business loans, creative class workers, affordability, culture, broadband technology, unemployment rates, high wage growth and diverse demographics, to name a few.
“Every city on this list is a great place for a startup,” says Becky Henson, Livability spokesperson. “What makes this list comprehensive is that entrepreneurs can find a place to start and grow a business, as well as have the amenities of a city where they can actually enjoy living.”
Along with Livability.com’s featured Top 50 Best Cities for Entrepreneurs list, a feature is published in the April 2017 issue of Entrepreneur magazine, that includes interviews from entrepreneurs in each of the 50 cities.
“We often talk about how entrepreneurs improve their local communities, but there’s an important flip side to that: Local communities can help small entrepreneurs thrive too,” says Jason Feifer, editor in chief of Entrepreneur magazine. “Even if you’re not looking to move, we hope that our list of 50 entrepreneur-friendly cities serves as an inspiration. Small businesses are stronger when they work together, and use their local resources and networks to their advantage."
Many of the cities on the list are also featured on Livability.com’s 2017 Top 100 Best Places to Live – the annual list that ranks cities with populations between 20,000 and 350,000. Burlington was ranked #11 in that list. Forty data points were grouped into eight categories to create the rankings: economics, housing, amenities, infrastructure, demographics, social and civic capital, education and health care.
About Livability.com :
Livability.com explore what makes small to mid-sized cities great places to live, work and visit. They examine issues related to livability such as walkability, cultural amenities, transportation, urban planning, and sustainability through exclusive research and discussions on their blog.