With so many businesses starting up and existing solely online these days, you might think that location is a thing of the past. However, even if your business is conducted entirely over the Internet, there are advantages to living and working in a city that’s friendly to entrepreneurs. After all, you and your employees still need a place to work, right? And it helps to live somewhere that’s also home to a lot of investors who can help you get your business off the ground.
So where are the best cities in the US for entrepreneurs in 2017? Check these places out and see if you live in or near an entrepreneurial Mecca. This list might make you love your hometown, or it might make you want to move to one of these amazing cities right now!
Want to live in a quiet college town with a lot of history and culture? Charlottesville offers all that, and the metro Charlottesville area has been ranked as one of the fastest-growing venture capital markets in the US. So, if you’re looking for money to start your business and you love fresh mountain air in a gorgeous part of Virginia, Charlottesville could be the place for you.
ANN ARBOR, MI
Another great college town just a bit farther north than Virginia, Ann Arbor, Michigan, is gorgeous, quiet, and has a ton of start-up incubators. The tech community here is surprisingly vibrant, and on a nice day, you’ll be able to choose from over 150 parks around the city to play Frisbee with your dog or have a picnic with your family. In other words, it’s a great place for young tech entrepreneurs looking for a slightly smaller pond than the Big Apple.
Technically a suburb of Atlanta, Decatur has all the amenities and culture you get from living in town, such as incredible dining and shopping options, but it’s a little bit more laid back. Plus, downtown Decatur is absolutely picturesque. And you’ll be within an easy drive or train ride of downtown and midtown Atlanta, home to numerous tech start-up incubators and lots of investors looking for the next big start-up to fund.
Austin’s annual SXSW festival might have once been “just” a music festival, but these days it’s synonymous with innovative start-ups unveiling amazing new products and services (and, of course, musicians playing cool venues, too). If you want to live in a beautiful, vibrant city with a lot of culture and a unique look and feel, but you’re also looking for start-up capital, Austin is a great option.
Then there’s Boulder, Colorado, another college town with a lot to offer. Surprisingly, Boulder actually beats Silicon Valley for the area with the most tech start-ups per capita. Plus, it’s home to the TechStars incubator and other start-up incubators, as well. So, if you’re worried that you’ll be squeezed out by other start-ups vying for capital, don’t be. There’s plenty to go around!
These are just five of the best places for entrepreneurs to live in 2017. You might be surprised that places like New York and San Francisco didn’t make the cut, but consider how much more it costs to live in those cities. The cities on this list are much more affordable, and they’re generally a lot friendlier (both to their residents and their start-ups) than New York and other major cities.
So what do you think? Would you move to Charlottesville, Boulder, or one of the other cities on this list to start your next business venture?