Friday, October 20, 2017

Report: Phoenix, Denver Among Top Startup Markets

Phoenix and Denver are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation, which was announced this week. The Phoenix metro area (Phoenix-Mesa-Glendale) was ranked as number eight in the nation, and the Denver metro (Denver-Aurora-Broomfield) was ranked number 10 in the group's index of startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. The Kauffman Foundation says its 2017 Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels. The index uses the rate of new entrepreneurs in the economy, "opportunity share" for new entrepreneurs, and startup density to rank companies in different metro areas for its rankings.