This Study Ranks the Best Cities for #Girlbosses to Start a Business
If you’re thinking about moving to a new city, there’s a lot to consider, depending on what’s going on in your life right now — whether you’re avoiding the worst cities for families, trying to buy a home at a decent price or are looking to settle in one of the best cities for post-grads. But what if you’re starting a business? Of course, it depends on what industry you’re trying to break into, but there are a bunch of factors that can determine how your #girlboss life will pan out. A new study by Dell did the work for you, and ranks the 25 best cities for female entrepreneurs.
The researchers at Dell looked at five factors in particular and separated them into two groups: operating environment and enabling environment. Under operating environment, they checked whether the size of the market is big enough to scale businesses, analyzed the talent pool female entrepreneurs have to choose from to build their teams and looked at access to capital, which can be a tricky area for female entrepreneurs, who statistically receive less investment capital than men do.
Under enabling environment, the researchers examined the cities’ cultural scenes, which might not sound directly related to running a business, but provides super important networking opportunities, and examined the local technology — the rate of connectivity and the cost of staying connected via the Internet.
What they found might not surprise you: New York and San Francisco made the top two spots on the list. The Bay Area scored in the top half of the rankings across all categories, but New York is extra strong in two key categories: capital and culture. So if you’re looking for a good place to network and make sure some strategic ($$$) connections result, New York is the place to be.
There were also a few surprising list-toppers. Ranking number one overall for culture was a Canadian city — Toronto. If you think finding a great mentor is critical to launching your biz, Seattle and Sydney are the cities for you. And the second-best place (after San Francisco) to find talented employees is Munich (ja!). London, Stockholm and Singapore follow New York and San Fran on the list of overall top performers. All in all, not bad places to live and run a business!
Are you a #girlboss who lives in one of these top cities? Tweet us about your experiences @BritandCo!
(Photos via Getty)
Fall is right around the corner, and we're getting amped up for our next session of Selfmade, Brit + Co's 10-week interactive startup school. Designed to help you create a new business or grow your existing one, this course is personally led by Brit + Co founder Brit Morin and co-founder Anjelika Temple, and supported by more than a dozen of the top female entrepreneurs, creatives, and investors in the country. Students receive personalized coaching on everything from how to get out of your comfort zone to how to scale your business, and everything in between. And now, thanks to Office Depot, even more of you can join the course!
For the fall session, we're thrilled to team up with Office Depot to grant 200 FREE scholarship seats to the course. Scholarships are open to US residents, focusing on women of color, women from underserved and underrepresented communities, and women in need of support to help them trail-blaze. After all, we firmly believe that your support system is a huge part of how you achieve greatness, and we are here to cheer all of you on.
To nominate yourself or someone you know for a scholarship, head to our nomination form right here. The deadline for scholarship nominations is September 27th — it's time to take the leap!
Beyond the scholarship, Office Depot is all about helping you accomplish more. Whether it be the start phase, growth phase or keep businesses going phase, Office Depot offers a full suite of business solutions, including services and products, to help you work from anywhere, organize and save time and help build your brand.
So what are you waiting for? Take a chance on yourself and get yourself one step closer to truly being selfmade. Learn more about the Selfmade program, apply for a scholarship and prepare to be inspired :)