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Sparks gets prestigous award by Business Week…

2

Apr

Check it out, more buy signals, market feels like it is bottoming (outside of the burbs).  Jobs returning soon, California business’s and residence’s  are getting tired of getting taxed to death and will start to pour back in soon.  Here you go:

Sparks named best start-up city in Nevada!

Posted April 1st, 2009

The City of Sparks, Nev., has been named the best city for starting a business in Nevada by a top national business news publication, Business Week (see “startup” story below). The City of Sparks web logoCity of Sparks and the Economic Development Authority of Western Nevada (EDAWN) held a news conference today to provide details of this national ranking, what it means to the City of Sparks and the local economy. Why was Sparks recognized with this distinction?EDAWN: Economic Development Authority of Western Nevada Given the current economic downturn, experts say a national trend is emerging with small to mid-size cities seeing a growth of start up companies that are thriving in places like Sparks that offer an ease and lower cost of doing business, access to an available workforce and a quality of life not found in bigger metropolitan cities. For more information on Sparks, visit www.ci.sparks.nv.us For additional information on doing business in Greater Reno-Tahoe, visit www.edawn.org.image thumb Sparks gets prestigous award by Business Week...

SPARKS at-a-glance:

Population: 80,651
Labor force: 43,576
Startups per 1,000 people: 3.18
Small business per 1,000 people: 35

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The Pros of Planting Startups in Smaller Cities

Posted April 1st, 2009

Philip Eggers has started six medical device companies in his Dublin, Ohio, hometown. His BusinessWeek logolast five followed a pattern: Eggers would develop the product in his Ohio lab, fly frequently to the Bay Area or Boston to raise money, then relocate the company to one of the coasts when ready to commercialize the product. But Eggers has a different plan in mind for his latest startup, Cardiox, founded in 2006 to develop a noninvasive way to detect heart shunts: He wants to find funding locally and keep his five-employee business in Dublin.

As the economy reels, Eggers is one of many entrepreneurs quick to tout the ease of doing business in small or midsize cities. Plenty of factors make the city of 38,000 outside http://images.businessweek.com/story/09/600/0327_startupheatmap.jpgColumbus attractive for starting up: Abundant, inexpensive office and lab space; a major university, Ohio State, nearby; a growing population; and good local schools to attract workers with families. “It draws the highly skilled and educated people you need to bring in, especially to a high-tech startup company,” Eggers says. Read full story:

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