Boston is No. 1 in the country for startups (again), says U.S. Chamber
For the second year in a row, Boston was named the top place in the country for startups by the U.S. Chamber of Commerce Foundation in a new report.
“A constant inflow of capital has fueled the rapid growth of the city’s startup ecosystem, while having some of America’s top universities (including Harvard University, Boston University and MIT) in its backyard produces a steady stream of new tech talent,” the report noted.
San Francisco’s Bay Area was No. 2 in the rankings, followed by Philadelphia, San Diego and Austin.
To compile the study, researchers examined the health of startup communities in 25 U.S. cities and assessed their readiness to capitalize on an increasingly digital economy.
The report — released by the Chamber along with Free Enterprise, C_TEC, and startup incubator 1776 — ranked cities based on the results of an index that includes talent, capital, specialization, density, connectivity, and cultural statistics, as well as a survey of more than 413 startup leaders.
See our attached slideshow to see the top 10 cities for startups.