| Follow Us: Facebook Twitter Youtube RSS Feed


Minneapolis on list of best cities to start a business

Personal finance website NerdWallet celebrated May's designation as Small Business Month with a report on "Best Cities to Start a Business," and Minneapolis landed on its list of top 10 cities in the nation.
Coming in at number eight, Minneapolis was lauded for strength in healthcare, manufacturing, and financial services, and was called "a growing hotspot for startups and small businesses."
The city has a very low unemployment rate of 6.3 percent, the article noted, and a highly educated population. Minneapolis business resources got a nod, including technology group MHTA, nonprofit community development association MCCD, and technical assistance groups funded by the city.
The site calculated the results based on ease of obtaining funding, business-friendly resources, local economic indicators, hiring, and affordable living. The top three cities, according to NerdWallet, are Atlanta, Raleigh, and Austin.
Signup for Email Alerts
Signup for Email Alerts