Colorado cities dominate Top 10 list of high-tech startup metro areas

By: InnovatioNews Wednesday August 14, 2013 0 comments Tags: Boulder, Brad Feld, Colorado Springs, Denver, Engine, Foundry Group, Ian Hathaway, TechStars

Engine logoKANSAS CITY, MO. - Four Colorado metro areas made the national list of Top 10 Metro Areas for High-Tech Startup Density, according to research released today by technology policy coalition Engine and the Ewing Marion Kauffman Foundation.

Boulder placed No. 1 on the list, followed by Fort Collins-Loveland. Denver and Colorado Springs also were included:

  1. Boulder

  2. Fort Collins-Loveland

  3. San Jose-Sunnyvale-Santa Clara, Calif.

  4. Cambridge-Newton-Framingham, Mass.

  5. Seattle

  6. Denver

  7. San Francisco

  8. Washington-Arlington-Alexandria DC-VA-MD

  9. Colorado Springs

  10. Cheyenne


 

"In the case of Boulder, a startup community whose evolution I've observed and participated in closely over the past many years, the cultural and economic transformation has been extraordinary," said Brad Feld, co-founder of Boulder's Foundry Group and Techstars Boulder startup accelerator.

"While there isn't one definitive blueprint to building a technology industry, this research can hopefully inspire communities and policy makers to work together to ensure that the spread of high-tech entrepreneurship isn't just a trend but a long-term phenomenon."

"Not all entrepreneurs are the same," said Ian Hathaway, an economic advisor to Engine and author of the report. "In fact, the majority don't even set out to innovate or grow their businesses and many more never do.

'By comparing the high-tech sector with other firms across the economy, we see the job-creating power that growth-oriented technology startups harness, compared with other young businesses.

"Observing these trends, it is clear that encouraging the creation of new tech businesses can boost our economy."

The full report is available at http://www.kauffman.org/bdstech.
InnovatioNews

About the Author: InnovatioNews

InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.