Tech Startups Find New Hotspot in Raleigh
When it comes to leading technology hotspots in the US most people’s minds immediately go to Silicon Valley. This area of California is where some of the biggest tech companies in the world are located, including Apple and Netflix. However, a lot of tech startups are coming out of areas outside of Silicon Valley, and some of the cities may surprise you.
Raleigh, North Carolina is currently the top-ranked hotspot fir tech startups in the entire country outside of Silicon Valley. This news comes from recent report from the moving blog SelfStorage.com. The website’s report evaluates multiple factors that contribute to startup growth and attract tech workers.
Startups are rated on things like local innovation, access to capital, access to educated workers, strength of the local tech startup scene and local tech wages. This information is then compared to other areas around the country. The first four factors listed are noted as “positive” with the last factor rated as “negative” for employers.
In regards to Raleigh the report stated, “Local startups are hiring at a faster clip than elsewhere in the Top 12, utility patents per 1,000 people are fairly high and venture capital is proving accessible.”
However, it may not be too hard to see why Raleigh is No. 1 on the list. Raleigh is part of the Research Triangle, which is the home to a ton of high-tech companies and enterprises. The Triangle used to refer just to the three big universities in the area (North Carolina State University, Duke University and University of North Carolina at Chapel Hill) but now includes the cities of Raleigh and Durham.
It’s nice to see other parts of the country gaining ground in the technology community. Expanded growth like this only means good things for business and users alike. Expanded growth means expanded competition which leads to better products and services as each company tries to outdo the other.
The Top 12 Tech Hotspots in the US include:
4.) Salt Lake City
5.) San Diego
6.) New Orleans
7.) Los Angeles
8.) Las Vegas
10.) Kansas City
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