Friday, September 30, 2005

Austin No. 9 hottest city for entrepreneurs

Via The Austin Business Journal.

Austin ranks No. 9 in a new ranking of "Hot Cities" for entrepreneurs by Entrepreneur.com and the National Policy Research Council.

Austin took the No. 8 spot for "young companies" and the No. 10 spot for companies experiencing "rapid growth."

The Phoenix-Mesa, Arizona area claimed the No. 1 spot, thanks to startups representing a larger percentage of its total number of companies than any other city. More Phoenix-Mesa small companies also reported robust growth than businesses in any other city, according to Entrepreneur.com.

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