Press Club

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

"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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