Each year, start-ups create most of the new jobs in the country, having a direct impact on the economies of the cities they choose as their homes. In COMMERCIALCafé‘s latest study, it ranked the 10 best cities for start-ups for three population brackets – below 500,000, 500,000-1 million, and over 1 million. COMMERCIALCafé scored each city based on 13 metrics relevant to cost of living, cost and resources of starting a business, tech skilled labor availability, and more.
Here are some key findings:
Phoenix came in 8th among U.S. cities with a population above 1 million. The city scored a total of 36.4 points, ranking: