Colorado Springs makes top-ten tech list

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Colorado Springs made the top ten list for  metro areas in the nation with the highest tech startup density,  according to nonprofit policy foundation Engine and the Ewing Marion Kauffman Foundation.

The Springs placed ninth, behind San Francisco, San Jose and Boulder, which placed first on the list.

The report used data from the Business Dynamics Statistics series, which is compiled by the U.S. Census Bureau. The group tracked the annual number of new businesses, including startups and new locations, from 1976 to 2011.

Though they start lean, new high-tech companies grow rapidly in the early years, adding thousands of jobs along the way, said a news release from Engine.

Engine is a research and policy foundation that educates technology startups and government about the impact of high-tech entrepreneurship and the policies and issues that impact economic growth.

The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation with approximately $2 billion in assets.

According to Engine and the Ewing Marion Kauffman Foundation, the top 10 metro areas for high-tech startup density are:

1. Boulder, Colo.

2. Fort Collins-Loveland, Colo.

3. San Jose-Sunnyvale-Santa Clara, Calif.

4. Cambridge-Newton-Framingham, Mass.

5. Seattle.

6. Denver.

7. San Francisco.

8. Washington-Arlington-Alexandria, DC-Va.-Md.

9. Colorado Springs.

10. Cheyenne, Wyo.

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2 Responses to Colorado Springs makes top-ten tech list

  1. Being 9 out of 10 is:

    Second from the last.

    How many tech firms started in the Springs have, this month reported they are moving out of the Springs due to ‘insufficient intellectual capital’ ? Paul Harvey would love this.

    Donna Knight
    August 14, 2013 at 3:15 pm

  2. Mrs. Knight has a point.

    For a city with every conceivable asset to be an economic powerhouse for all of southern Colorado, and not is, indeed curious and leads to the question:

    Are the real reasons for companies not choosing Colorado Springs being closely examined – ie: going to Silicon Valley and talking man to man with the tech firms and the venture capital organizations there and in Redmond – – and ask the hard questions and be willing to accept the answers. Go to FaceBook. Ask why they chose Des Moines? Be prepared for an answer twinkees do not like but need to hear.

    The pom-poms are beginning to look shabby and soon we may have left nothing but an empty playing field until fresh new thinkers come together to develop a realistic and functional strategy to develop economic vitality. This may very well take extreme courage from local leaders to stand up and say: “We are not getting the job done – let’s go out of state and bring in professional management and show us what to do.

    Rick Wehner
    August 14, 2013 at 3:51 pm