{"id":8284,"date":"2016-09-07T17:15:42","date_gmt":"2016-09-07T11:45:42","guid":{"rendered":"http:\/\/www.ishwark6.sg-host.com\/?p=8284"},"modified":"2016-09-07T17:50:32","modified_gmt":"2016-09-07T12:20:32","slug":"top-10-ranking-of-best-u-s-cities-for-tech-start-ups","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=8284","title":{"rendered":"Top 10 Ranking Of Best U.S Cities For Tech Start-Ups"},"content":{"rendered":"

If the moniker \u2018Silicon\u2019 rings a bell, it\u2019s no longer in the \u2018Valley\u2019, it\u2019s all about the \u2018Hills\u2019<\/strong><\/p>\n

As we are all aware that location plays a major role to the success of tech start-ups, a performance analysis of the leading US cities was conducted in order to determine where 10 of the most conducive cities for digital business lie. Metrics including graduate talent, entrepreneur density and those in technical occupations, start-up survival rates, as well as day-to-day costs such as office space and commuting were carried out in the analysis by Managed IT Services provider, Sungard Availability Services\u00ae.<\/p>\n

The evidence, demonstrated in an\u00a0interactive map<\/a> with adjustable filters,\u00a0can be drilled down into individual metrics as well as overall ranking. Contrary to popular belief that Silicon Valley is the \u2018hub of everything tech\u2019, this study suggests that digital entrepreneurs should be more open to broadening their spectrum a little further South.<\/p>\n

\u00a0<\/strong>Silicon Hills Triumphs Over Notorious Silicon Valley<\/strong><\/p>\n

Back in 1990, Austin, Texas, wasn\u2019t given the nickname \u2018Silicon Hills\u2019 for nothing.\u00a0 Almost 9% of its workforce are directly employed in a technology job and a metro GDP of $68 Billion \u2013 representing the largest proportion of new entrepreneurs at 55.5%. It\u2019s not hard to understand why major market watchers like The Wall St Journal and Forbes have defined the city as \u2018a major tech, pharma and defense industry hub.<\/p>\n

\u00a0<\/strong>Last but Not Least<\/strong><\/p>\n

With a high-rate of 52% of new entrepreneurs – Miami has one of the most thriving local business start-up cultures amongst the 10 cities, regrettably though, only 2.6% work in tech occupations. You might have guessed that San Francisco, being the\u00a0most expensive city in which to fork out a penny, with office space averaging an eye-watering $809 per square foot \u2013 compared to Houston\u2019s more reasonable $131, San Francisco scored poorly for start-up density. Meanwhile, thanks in part to its business-friendly administration, New York is very much \u2018open for business\u2019 when it comes to internet-based start-ups spinning out of its Wall Street and Madison\u00a0Avenue ecosystems.<\/p>\n

With almost 11% of the population working in a technical occupation and the highest average educational attainment level in the data, Seattle,\u00a0is a hot-spot for employers seeking the best academic and specific skills employees. Even after competing with over half of Washington\u2019s population holding a bachelor\u2019s degree and over 30% with multiple qualifications to their name.<\/p>\n

Although being the 4th<\/sup>\u00a0most populated US city out of the 10 covered and offering a diverse skill base and demographic to recruit, Houston ranked at the bottom of the table, with only 30% of \u2018Houstonites\u2019 holding a Bachelor\u2019s degree, leaving companies seeking qualified graduates elsewhere. Nevertheless, the city does offer the best value office space, allowing new digital businesses to economize on overheads and invest capital into new product development. The current low density of start-ups could also translate into less competition for ambitious entrepreneurs.<\/p>\n

\u00a0<\/strong>Swings and Roundabouts<\/strong><\/p>\n

Ultimately, the study affirms that there is no such thing as \u2018The Perfect Location\u2019 when it comes to founding the next big name in tech because in turn, each city that came out on top for one benchmark was ranked low for another.<\/p>\n","protected":false},"excerpt":{"rendered":"

If the moniker \u2018Silicon\u2019 rings a bell, it\u2019s no longer in the \u2018Valley\u2019, it\u2019s all about the \u2018Hills\u2019 As we are all aware that location plays a major role to the success of tech start-ups, a performance analysis of the leading US cities was conducted in order to determine where<\/p>\n","protected":false},"author":22,"featured_media":8286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22,21],"tags":[3070,3068,3067,3066,33,70,364,3071,3069],"class_list":["post-8284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ideas","category-start-up","tag-interactive-map","tag-moniker","tag-ranking","tag-silicon","tag-start-ups","tag-startup","tag-startup-news","tag-triumphs","tag-valley"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/09\/Untitled-1-4.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8284"}],"version-history":[{"count":1,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8284\/revisions"}],"predecessor-version":[{"id":8287,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/8284\/revisions\/8287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/8286"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}