Miami Ranked No 13 For The Best Place To Start A Business

Dated: 04/15/2019

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Immigrants, incubators, and innovation have given this beach town the highest rate of entrepreneurship in the country.

Tourism is a multibillion- dollar driver, but this immigrant-rich area also has a dynamic startup scene with a robust network of accelerators, boot camps, incubators, and co-working spaces--more by percentage than any other city in the nation, according to data firm Yardi Matrix. In fact, the Kauffman Foundation found that the Miami area was tops in the country for startup activity in 2017--ahead of Austin, Los Angeles, and San Diego. Driving it is a thriving outpost of the Cambridge Innovation Center, home to 250 early- and midstage companies, a shared wet lab for early-stage biomedical startups, and nearly 30 nonprofits. They include Code/Art, which provides coding workshops for school-age girls, and Venture Café, which has an initiative to support entrepreneurs in the historically black community of Overtown. "A lot of the innovation community's stakeholders are operating in silos," says Leigh-Ann Buchanan, founding executive director of Venture Café Miami. "We focus on being the connective tissue."--Hannah Wallace

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Agnes Gray and Ellen Mitchel

Miami's melting pot of architecture and design attracted both Ellen and Agnes to pursue careers in real estate. Understanding current market trends, they are able to evaluate each property at its true....

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