When you think of start-up companies, the image that probably pops into your head is of a few young “twenty-something-year-olds” working out of a parent’s garage in the heart of silicon valley. Now I will admit, that is exactly what I thought of, and technically we are partially correct. According to Small Business Trends, in 2016, 69% of U.S. entrepreneurs started their businesses at home. And in 2021 starting a business is arguably more popular than it was 5 years ago.
What these statistics show us is that people are looking for alternatives to the status quo. That also means markets are oversaturated and many start-ups are faced with high operating expenses in pricey markets such as San Francisco, Denver, and New York City.
Startups in 2021
Today we’re looking at the top cities for start-ups that are alternatives to the status quo and additionally, we’ll share 5 pieces of advice that will help foster success in 2021. The cities we share are in no particular order, but rather each location will have unique offerings that can benefit a start-up company in various ways.
Side Note: Be aware of the Surge Index Scores provided for each city. For further information on the methodology of these rankings, click here.