The Great Midwestern Tech Startup Surge

Columbus

Story excerpt provided by NewsTimes.

Written by Dave Hochman.

When one hears the phrase “Startup Hub,” the mind’s eye most likely automatically conjures up images of locations like New York City, San Francisco/Silicon Valley, Boston. However, the Midwest region has been developing some real challenger cities to the “Startup Hub” throne. According to The Kauffman Index of Entrepreneurship, which is an “umbrella of annual reports that measures U.S. entrepreneurship across national, state and top 40 metro levels,” Columbus, Ohio’s capital, is the fastest-growing city in the country for startup activity. According to CB Insights, Ohio had less than 10 active venture investors in 2009 but saw more than 40 different VCs invest in 2014.

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Originally published October 23, 2016.

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