SILICON VALLEY - Silicon Valley remains the gold standard
for startup ecosystems. The area's support network and funding
potential (capital raised in SV is 32% higher across all stages of
a startup's development) make it the ideal location to start a
NEW YORK CITY - As the top startup breeding ground on the East Coast,
New York has launched a number of impressive and nationally recognized
enterprises in recent years. Entrepreneurs interested in tackling the world of
ecommerce may find New York more fruitful than Silicon Valley, and many
female tech entrepreneurs have also settled in NYC.
SAN FRANCISCO - Lots of startup gurus already make their
homes in San Francisco. Increasingly, they're basing their companies
there too, looking to combine all of the advantages of the Valley with
a more vibrant, urban setting.
SEATTLE - Seattle has one of the most robust tech foundations of anywhere
outside of the Bay Area. Giants like Amazon and Microsoft mean that there's
a large concentration of extremely bright people from a variety of fields who
go on to start their own companies. Many Silicon Valley companies open up
offices there to take advantage of the talent.
PORTLAND - Portland has emerged as more than just an (occasionally
mocked) cultural hub. It's also an increasingly vibrant startup hub, with
companies that reflect the city's unique culture. Eleven startups in the area
collaborated on a video highlighting a shared culture in the startup scene and
are working together to recruit talent to the city.
WATERLOO - Waterloo has one of the strongest (unofficial) connections to
Silicon Valley out of all the cities on Startup Genome's list -- 35% of Waterloo
entrepreneurs once worked in the Valley. As with other Canadian startup
hotspots, Waterloo also suffers from funding challenges. One positive: 28% of
Waterloo startups focus on mobile, a market that continues to expand rapidly all
over the world.
MONTREAL - Montreal has been leading the Canadian startup scene for years
now, with an especially strong network of angels and VCs. It’s also a fun place to
start a business, known for it’s startup communities and almost constant startup-
related events and gatherings. It get’s better: Montreal is really cheap, AND has
even been ranked as the 2nd happiest place in the world buy Lonely Planet.
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