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Read the Top U.S. Startup Cities For 2016 Report

The top seven cities in the U.S. for startups in 2016 were San Francisco, New York, Boston, Cambridge, Palo Alto, Austin, and Seattle. These cities each received $2 billion in investment, had 58 new deals, and had 479 active VC-backed startups on average in 2016.

While these well-known startup cities continue to dominate the landscape, startup clusters are forming all over the U.S.  Policymakers in many cities that historically were not associated with high-growth, high-tech firms are now clearing succeeding in cultivating startups, as a strategy to boost their local economies.

 

By Ed Egan

Dr. Edward J. Egan is an applied micro-economist. He received his Ph.D. from the Haas School of Business, U.C. Berkeley, in 2012, where he specialized in business economics, finance, and public policy. He currently lives in Stowe, Vermont, with his wife, Lauren, and his two Border Collies, Noodles and Ralph.

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