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Arlington Said to Be Best Locale in U.S. for Young Entrepreneurs

by ARLnow.com November 18, 2014 at 11:45 am 0

"Investors" talk to entrepreneurs at ARLive Startup Smackdown, July 2014Arlington County is the best “city” in the U.S. for young entrepreneurs, according to a new set of rankings.

The website Nerdwallet crunched the numbers and determined that Arlington has the best combination of access to funding, networking and mentorship, affordability and a robust local economy.

Placing behind Arlington, in order, was: Madison, Wisc.; Lincoln, Neb.; Minneapolis, Minn.; Denver, Colo.; Seattle, Wash.; and Austin, Texas. Washington, D.C. ranked No. 14.

“Arlington, Virginia, is the best city for young entrepreneurs with a high percentage of educated young people, the highest per capita income in the nation and access to businesses in the Washington, D.C., area,” the website wrote. ” Nearly 28% of the city’s residents are 25 to 34 years old, and at least 74% of all residents over 25 hold a bachelor’s degree or higher — both of these figures are the highest in the nation”

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