Greater Wilmington Business Journal
Wilmington ranked no. 14 in best midsize city to launch a start-up business in the November issue of Fortune Small Business magazine. Screen Gems studio, PPD, GE-Hitachi, and the beach were listed as assets to the area. But, the Port City’s entrepreneurial spirit was particularly recognized.
“In Wilmington, if you can’t find a job, you create one,” according to the article, which can be read online at: http://money.cnn.com/smallbusiness/best_places_launch/2009/snapshot/355.html
Small business in Wilmington grew at a 12.8 percent rate between 2004 and 2007, according to the article.
Wilmington 2.0 was mentioned as the city’s new project to foster technology-focused business.
Huntsville, Ala., was listed as the top midsize city to launch a business. And, Billings, Montana was the best small city for start-ups.
Jonathan Rowe, director for UNCW’s Center for Entrepreneurship, said “I think we’ve got a lot of pieces in place that make this such a great spot- a good educational foundation, corporation that bring the intellectual capital and a lot of people who move here for lifestyle that have a lot of skills.”
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