What’s one of the best cities for startups? DataFox study names Salt Lake City

SALT LAKE CITY — Salt Lake City is a robust area that is great for startups, and was recognized as one of the top cities outside of Silicon Valley and New York for founding a startup in 2015.

Salt Lake is also “the ideal place to start a company” for those who want a “family-friendly, deep-root environment,” business research firm DataFox reported.

To generate their results, DataFox looked at 12,000 U.S.-based startup companies, and factored in the availability of capital, affordability, success of early-stage companies and a community of entrepreneurs.

The study references Salt Lake City’s culture of growth, high startup density and low cost of living as three major factors that make the city a good place for startups.

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Source: Deseret News

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