The Best Cities for Millennial Entrepreneurs
We’ve shared the best cities for female business owners, advised senior-preneurs on how to start a business in retirement and shed some light on which states are the easiest to get a business up and running.
When it comes to entrepreneurship, we can’t forget Millennials. Right now, 24.7 percent of entrepreneurs are between 20 and 34 years old. And according to the U.S. Chamber of Commerce, Millennials are optimistic about their futures and starting their own businesses, despite a fluctuating economy and record student debt.
While they’re starting businesses all over the U.S., certain cities are more start-up friendly toward young entrepreneurs than others.
A study by the Kauffman Foundation asked small business owners questions about local tax laws, licensing rules, training opportunities and more. They then came up with a list of the best cities for Millennial entrepreneurs. (Several are within the Erie Insurance footprint. So if you’re in need of business insurance in one of those cities, consider contacting a local Erie Insurance agent to get a free quote.)
Learn which cities made the cut by reading the source article at fastcompany.com.