mainebiz.biz (November 2018) – Portland is the No. 1 ranked city in the newly released Verizon Business “Best Small Cities for Small Businesses” report.
Noting that small businesses make up 99.7% of employers in the United States, Verizon gathered data from nearly 300 cities across the country with populations between 50,000 and 75,000. Its list of the top 50 startup-friendly cities is based on six metrics:
- Education level of the local workforce
- Travel time to work
- Income per capita
- Broadband access
- Loans per capita
- Tax scores, based on the Tax Foundation’s 2018 State Business Tax Climate Index.
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