#TechnologyStartups & #Entrepreneurs by: admin , August 24, 2012 The bulk of venture capital continues to go to a few select destinations, with Silicon Valley startups traditionally scooping up 40% of all funding. What about those who don't want to head here, find it too expensive, believe a real shift may be in play already or who just hate earthquakes? According to USA Today, and the latest rankings from the National Venture Capital Association, the top ten cities for startups in terms of dollars received by young tech companies were: San Francisco Boston New York Los Angeles Washington D.C. San Diego Chicago Austin Denver Seattle However, these clearly aren't the cheapest destinations in the country, especially for brand new startups and bootstrapping entrepreneurs. In fact, the recent spread of tech startup hot spots is increasingly flowing to areas which not only provide a good talent base but which also offer more affordable real estate. Some other emerging cities to watch include Salt Lake City, Grand Rapids and Miami, especially once widening of the Panama Canal is finished in 2014. With the rise of crowd funding, more cloud computing solutions, and the flexibility of the latest business phone systems, entrepreneurs may be less reliant on having to move to where the money is and can keep overhead down and plow more into their business ideas themselves rather than blowing it on rent. However, those eager to raise millions in early rounds for seed money and to expand may ultimately have to go where investors are more comfortable. However, there can be other factors, which make it sensible to move, especially for surrounding yourself with other entrepreneurs, positive attitudes and the structure and inspiration being in an incubator setup can provide. Search for: Search Categories Advertising Branding Business Growth Communication Entrepreneur Management Marketing News & Updates Tags Small business Small Business; Small Business Growth; Small Business Communication; Small Business Technology; Toll Free Vanity Numbers Toll Free Numbers Toll Free Trends Uncategorized Vanity Toll Free Archives 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009