Austin is a top place to launch a company

Posted on Oct 14, 2009 in business, general austin | One Comment

Just as my husband is launching his architecture design firm off the ground, this news comes in from Austin Business Journal — Austin is ranked in the top 10 US cities as best place to start a small business (we’re number 8).

Says ABJ (via Forbes):

Austin got kudos for its angel investment groups, business-friendly tax structure and support for business development in sectors like tech.

The Austin metro area, which has doubled its population growth in the last 20 years, is often used as a test market by national companies because its large minority population reflects the nation’s future demographic mix,” Fortune said.

“With University of Texas college students in residence, the area offers entrepreneurial opportunities for the youth market and skilled workers for local businesses. One-third of the area’s payroll is related to technology jobs, contributing to Austin’s reputation for having one of the most educated workforces in the nation.”

But it isn’t all roses for Austin. Fortune cited some complaints from business owners such as transportation issues and lack of flights to desired markets.

Here are the top 10 cities.

  • Oklahoma City, OK
  • Pittsburgh, Penn.
  • Raleigh, NC
  • Houston
  • Hartford, Conn.
  • Washington D.C.
  • Charlotte, NC
  • Austin
  • New York City
  • Baltimore, MD

I’ve been to most of those cities, and I say: quality of life over number of airplane transfers.

1 Comment

  1. Tall Drink of Texas
    October 17, 2009

    As a frequent business traveler and Austinite, I would say it’s a close call between my pleasure of living in a great city and my frustration with the non-hub airport. But hey, if Bergstrom was a hub airport, that would indicate that Austin was several million people, and that will not be good thing. When luring people to move to Austin, be careful what you wish for. That comes from someone who lives in Orange County, CA for 10+ years.