11. Miami, Florida
We start today’s list with Miami which has the highest startup activity among large cities in America, according to Kauffman’s report. Together with Los Angeles Miami has the greatest share of new entrepreneurs in the adult population and second highest number of startups per 1,000 firms. However, the majority of new businesses in Miami do not make significant progress. Kauffman index of growth, which measures the growth of employees and revenues, puts Miami at the second lowest place, showing that few startups become significant players on the market. At the same time, WalletHub ranks Miami as the 35th best city to launch a business. The city did not rank higher on WalletHub’s list mainly because of poor access to financial and human capital resources.
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