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The 25 Best U.S. Cities for Tech Startups

August 14, 2013
URL: http://www.entrepreneur.com/article/227829

Move over, Silicon Valley. Colorado is building some serious startup swagger.

Four of the top 10 metro regions in the U.S. with the most tech startups are in Colorado: Boulder, Fort Collins-Loveland, Denver and Colorado Springs. That’s according to a report released today by technology policy coalition Engine and entrepreneurship research association the Ewing Marion Kauffman Foundation. The research focuses on high-tech startups specifically, defining them as new businesses with a concentration of employees in the fields of science, technology, engineering and math.

Related: The 5 Rules for Silicon Valley Success That Can Work Anywhere

Here is a rundown of the U.S. metro regions with the highest ratio of tech startups compared to the national average:

  1. Boulder, Colo.
  2. Fort Collins-Loveland, Colo.
  3. San Jose-Sunnyvale-Santa Clara, Calif.
  4. Cambridge-Newton-Framingham, Mass.
  5. Seattle
  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

As an entrepreneur looking for a startup community to launch your business, knowing where other entrepreneurs have planted their seeds may prove fruitful. And for local leaders, encouraging high-tech startup growth in your community could generate jobs. While high-tech startups have an undeniably high failure rate, those that do succeed take off quickly. On the whole, high-tech startups are good for the local job market, according to the research.

Related: Entrepreneurs Take Lead in Building Vibrant Startup Communities

A thriving startup community that's creating jobs typically attracts vitality -- and cash -- to a region. "In the case of Boulder, a startup community whose evolution I've observed and participated in closely over the past many years, the cultural and economic transformation has been extraordinary,” says Brad Feld, co-founder of the Boulder-based Foundry Group and author of numerous books about startup ecosystems, in a statement. “While there isn't one, definitive blueprint to building a technology industry, this research can hopefully inspire communities and policymakers to work together to ensure that the spread of high-tech entrepreneurship isn't just a trend, but a long-term phenomenon.”