In 2023, San Francisco Bay, CA had the highest total startup score of any city in the United States at 546.43. The total startup score is a sum of quantity, quality, and business environment evaluations that determines the best place for startup businesses to take root. New York City, NY had the second highest score at 223.41 in 2023.
Leading cities for startup businesses in the United States in 2023
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The source describes the total startup score as a sum of the quantity, quality, and business environment evaluations.
Quantity Score: Takes into account different metrics, such as number of startups, number of coworking spaces, and number of accelerators, to establish the activity level of the startup ecosystem.
Quality Score: Studies parameters that indicate qualitative results achieved by the ecosystem. These parameters include analyzing the traction of the ecosystem’s top startups, as well as reviewing “special entities” the ecosystem has produced: Unicorns, Exits, and Pantheon.
Business Score: Refers to a mix of business and economic indicators at the national level, discounted for cities that haven't reached a critical mass either for Quantity or Quality.
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StartupBlink. (May 1, 2023). Leading cities for startup businesses in the United States in 2023 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/
StartupBlink. "Leading cities for startup businesses in the United States in 2023." Chart. May 1, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/
StartupBlink. (2023). Leading cities for startup businesses in the United States in 2023. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/
StartupBlink. "Leading Cities for Startup Businesses in The United States in 2023." Statista, Statista Inc., 1 May 2023, https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/
StartupBlink, Leading cities for startup businesses in the United States in 2023 Statista, https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/ (last visited September 01, 2024)
Leading cities for startup businesses in the United States in 2023 [Graph], StartupBlink, May 1, 2023. [Online]. Available: https://www.statista.com/statistics/1274913/us-leading-cities-startup-businesses-total-score/