Entrepreneur Magazine has teamed with business information specialists Dun & Bradstreet to provide a ranking of the nation's best cities for entrepreneurs.
The two cities tied for the top berth are Dallas, noted for a well-trained labor force, strong city leadership, and an extensive transportation network, and Orlando, seen as a high-tech hub with a reasonable cost of living and an attractive climate.
Other cities filling out the top five include West Palm Beach/Boca Raton, Florida, Washington, D.C., and Austin/San Marcos, Texas.
Other information in the survey includes:
- Cities that ranked high for small-business growth: Houston, Minneapolis/St. Paul, Boston, Dallas, and Kansas City, MO
- Cities with strong entrepreneurial activity: Las Vegas, Orlando, Austin/San Marcos, Atlanta, Phoenix/Mesa, AZ, and West Palm Beach/Boca Raton
- Cities noted for economic growth: Las Vegas, Austin/San Marcos, Riverside/San Bernardino, CA, Charlotte/Gastonia/Rock Hill, NC/SC, Sacramento, CA, and San Diego, CA
- Cities ranked for risk factors: Hartford, CT, Greensboro/Winston-Salem/High Point, NC, Norfolk/Virginia Beach/Newport News, VA, Raleigh/Durham/Chapel Hill, NC, Nassau/Suffolk, NY, and Providence/Fall River/Warwick RI/MA
In addition, the descriptive material on the site provides links to all the nation's states with useful information such as the number of businesses in the state, the number of women-owned and minority-owned businesses, the amount of business turnover, the number of businesses with fewer than 500 employees, a measure of small-business income, and information ranking banks and the percentage of small commercial loans issued in the state.