Friday, October 20, 2017
Texas Cities Rank Highly In Startup Activity, Says Report
A report, issued this week by the Ewing Marion Kauffman Foundation, has ranked Austin, San Antonio, Houston, and Dallas as among the metro areas with the highest startup activity. According to the 2017 Startup Activity Index, Austin ranked as number 2 in the nation for startup activity, San Antonio as number 6, Houston as number 9, and Dallas as number 11. San Antonio was noted, in particular, for the biggest upward movement since last year. The Kauffman Foundation says its Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels. The index uses the rate of new entrepreneurs in the economy, "opportunity share" for new entrepreneurs, and startup density to rank companies in different metro areas. Austin was beat only by Miami, Florida, in startup activity for the 2017 rankings.