Here we go a-ranking...
Entrepreneur.com lists "hot cities" for entrepreneurs. Here are the definitions of the rankings:
- Overall Entrepreneurial Activity Rank:
Averages the young company rank and rapid grower rank to identify the best places to start and grow a company. - Young Company Rank:
Number of companies within an area that started 4 to 14 years ago and have at least five employees today - Rapid Growth Rank:
Measurement of a company's job growth that accounts for both absolute and percent change in employment
Oh, yeah, Cleveland's doing okay. We're No. 24--after such as Phoenix, 2 in North Carolina, Columbus, Houston, Chicago and a bunch of others, and ahead of such as San Francisco (by a hair), Detroit, Boston, New York and others. Looks to me like some of the traditional winners are fighting, just as we are, and we're pulling up.
Thanks to some of the very people we talk about on the Capitalist Cleveland radio show, showcase at The Gorilla Group meetings (2nd Tuesdays at Market Avenue Wine Bar) and mention in the Profit Statement email news. And to some great work being done by Jumpstart and a bunch of other organizations that have gotten real money to do real good stuff for the region.
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