BusinessWeek magazine in its March 27th edition reported that White Plains is the best city for starting up a business in New York State.
BusinessWeek searched cities across the United States, with populations ranging from 20,000 to 200,000 people, to compile its list of the best place to start a business in each state. “Bigger isn’t always better when it comes to selecting a place to start a company,” according to the article written by John Tozzi. The rankings were calculated and “The analysis weighed 11 factors to gauge an area’s entrepreneurial climate, including the number of small businesses and startups, the quality of the workforce, how many universities were in town, and measures of innovation such as the number of patents issued and the amount of venture capital invested.”
Using technology by ZoomProspector.com, the magazine determined the list using a variety of demographic, business, and geographic variables that impact the probable success of a business start-up.
“According to the analysis conducted by BusinessWeek using ZoomProspector.com, White Plains came out as the top place to start up a business in New York,” said Anatalio Ubalde, CEO and co-Founder of ZoomProspector.com. “BusinessWeek is one of the most respected business publications and this recognition should highlight the economic development efforts in White Plains.”
Mayor Joseph M. Delfino’s said of the designation by BusinessWeek, “I think we have built a very wide and solid foundation to support growth in every type of business. Our City has been chosen as the site for the first new multi-tenant office building constructed in the county in the last 20 years and when it’s completed, we’ll welcome the business people and entrepreneurs who occupy the building.”
Reflecting on the prestige of his city’s earning the top ranking in this national business list, Delfino added, “White Plain’s Renaissance has brought luxury high rise residences and world-class corporations,shopping, restaurants and art to White Plains. It makes sense that start-ups are attracted to a city that literally re-started itself.”
Using patent-pending technology by ZoomProspector.com, BusinessWeek determined the list using a variety of demographic, business, and geographic variables that impact the probable success of a business start-up.