Based on our analysis of over 27 million U.S. businesses, we believe the next generation of entrepreneurs will flock to cities not because of growing job rates and income levels, but because of community engagement and access to resources

Forbes Magazine

Forbes Magazine based their findings on the following criteria:

  • Ratio of Small businesses to total number of businesses.
  • Percentage of small businesses that accept credit cards and assumes these companies have greater ability to keep up with technology advances and have a generally higher revenues.
  • Percentage of small businesses in high growth industries weighted toward Computer Software and Service Industries.
  • Percentage of small businesses with Facebook pages and websites because more tech-savvy companies are statistically more likely to grow faster.
  • Percentage of businesses with online reviews which indicates a greater local acceptance.

For more details, please view Forbes Magazine Article online here: