If you aspire to one day own a company that appears on the Inc. magazine 500 list, you need not relocate to Silicon Valley to do so.
In fact, according to a map produced by the nonprofit Kauffman Foundation that “analyzed 30 years’ worth of Inc. 500 lists,” it might be better to head to the Washington, D.C., area, Yahoo reports.
The report:
The nation’s capital has been home to more Inc. 500 companies than any other major metropolitan area. … Innovation is coming from some surprising places. When adjusted for population, Indianapolis ranks 6th in the number of Inc 500 firms, and Buffalo ranks 11th. Other cities you might not suspect: Baltimore (15th), Philadelphia (19th) and Louisville, Kentucky (20th). [more]
The map created by the Kansas City-based Kauffman Foundation that “displays [by county] the location of the fastest-growing privately held companies appearing on the annual Inc. 500 list from 1982 to 2010″ shows just as much.
Baltimore city can claim 4.2 Inc. 500 companies per 100,000 people (of a total population around 620,000), while D.C. is home to 11.3 companies per 100,000 people.
By comparison, Arlington County in Virginia, home to around 216,000, boasts an impressive 50.4 companies per 100,000 people.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!