CNNMoney.com has once again put Madison WI on one of its Best Places lists, this time for the 20th best place to launch a small business startup. Madison, with its population of around 561,505 has an estimated 14,654 small businesses, defined as businesses with between 1-49 employees. Madison usually fares well in such rankings due to its relatively low unemployment and highly educated population and this time Madison's well-developed transportation system and moderate weather were also cited as pluses (note: some might beg to differ on the latter!).

Other reasons that Madison WI was chosen one of the best places in the nation to launch a small business startup:

  • The UW-Madison runs a Small Business Development Center and has a ready supply of students and graduates for hire
  • The economic development initiative Thrive is helping to grow the local biotech, agriculture and health care industries (e.g. biotech is up 64% since 2000).
  • Madison's excellent quality of life includes art fairs,  farmers markets, lakes, rivers, and hiking and cycling trails.

Read the entire CNNMoney.com article here, check out the complete list of awards won by Madison WI since 1994 or, if you like what you hear, take a look at Madison's newest listings

For more information about relocating to Madison WI or to get started on your Madison WI real estate search, contact small business owner and independent real estate broker Jolenta Averill of Lake and City Homes Realty at 608.628.9701.

Posted by Jolenta Averill on

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