Are you searching for the perfect place to introduce your brand-new startup? You may want to keep Boston, Massachusetts, high on your list of future homes, business expert Brian Ferdinand explained in a recent article. That’s because Boston is an excellent place for building a company, in addition to building a life. As a matter of fact, several years ago, Boston earned the No. 1 ranking among 25 of the United States’ major startup hubs. Here are a few reasons why Boston is the place to beat for business.
According to Brian Ferdinand in the recent article, one of the biggest perks of working in Boston is its educated workforce. After all, Boston features one of the most widely respected higher education institutions in the world: Harvard University. In fact, Harvard University is just a few miles from Boston’s center. The presence of Harvard University there has contributed to the city’s exciting and thriving spirit, thus making it an excellent place for doing business and living in general.
Of course, Harvard University is far from being the only first-class institution in the area. That’s because the city has about 14,000 students in total, with many attending various other prestigious institutions in Boston as well. As a result, Boston is fairly youthful, which makes the city open to new and fresh business approaches and ideas. On top of this, the highly educated and passionate population of Boston is an excellent place to find workers who will keep your business going strong for years to come.
Another reason to choose Boston as your business’s home is the high level of monetary support you can find throughout the city. Several venture capitalists and federal agencies are available to provide financing options and funding for your small business in the Boston area.
For instance, Boston’s development corporation offers loans to entrepreneurs seeking as much as $150,000 in capital if they are based in Boston or are moving to Boston. You can easily use such a loan to buy a new commercial property for your company, purchase equipment, or launch a winning marketing campaign, for example.
Yet another major perk of doing business in Boston is the many networking opportunities available throughout the city. Through networking, you can link up with the perfect mentors/experts—ones who can help you to quickly and easily grow your company throughout the Boston area.
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