Spokane named to list of best U.S. cities to start a business

Spokane named to list of best U.S. cities to start a business

If you want to start your own business, you may consider doing it right here in Spokane.

Inc. released its second annual Surge Cities list and Spokane came in at no. 31.

The list of top cities was compiled using public data and insights from the Inc. 5000 list of fastest-growing private companies in America.

RELATED: Spokane named to list of ‘unexpectedly awesome coffee cities’

The scoring system was based on three traits that determine a surge city: growth, opportunity and innovation.

Specifically, Spokane was ranked sixth for rate of entrepreneurship, 14th for population growth and 19th for early-stage funding deals.

“Being named in the top 50 Surge Cities in the nation by Inc. recognizes the innovative and entrepreneurial momentum the Spokane region has experienced over the last eight years and validates our hacking Washington initiatives which is part of the One Spokane strategic plan,” said Mayor David Condon.

Inc. highlighted Spokane’s “blue-collar grit” and proximity to nature.

“And business is undoubtedly a fixture: Gonzaga University, located in the city’s center, offers one of the top-rated business programs in the country, and medical schools at the University of Washington and Washington State help fuel health care and biotech startups,” the article reads.

Inc. shouted out Spokane’s high rate of entrepreneurship, making the city a great place to build the foundations of a new company.

Read more about Inc.’s full list of best U.S. cities for starting a business here.

RELATED: Study names Spokane the best city in America for freelancers

RELATED: Spokane restaurant listed among best past in country by Food Network