The Daily Stat from Harvard Business Review

 

February 24, 2015 Are America’s Entrepreneurial Deserts Starting to Bloom? Money for early-stage funding of U.S. start-ups has long been concentrated in just a few places – Silicon Valley, New York, Boston – but there’s new evidence that entrepreneurs in other metro areas now stand a better chance of finding capital, Ian Hathaway of Frontier Economics writes on HBR.org. About half of the 381 metro regions he studied received at least some first-round venture capital in 2014, up from about one-third in 2009. Moreover, a fair number of these metro areas went from having just a few deals to having many. SOURCE: Start-Up Capital Is Spreading Across the U.S.

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