Henderson has received calls from out-of-state small businesses looking to relocate, many dealing with technology, Armstrong said. Participation has grown by three times since it started, he said. During the last three years, Henderson has hosted a program called Start Tank in which small businesses pitch their ideas for a monetary reward and mentorship. Money will be awarded by the end of the year or early 2020.ĭerek Armstrong, Henderson’s director of economic development and tourism, said the report is consistent with what they’ve seen as a city. StartUp NV is putting together a $1 million fund for startups in which it will be giving awards of about $50,000, with additional funds from investors. We work at the Innovation Center, and the members of our incubator work at that site.” The seeds of that are starting to sprout. They’re continuing to invest and trying to create a vibrant startup community. “They have set up the International Innovation Center in downtown. “They have been awesome as a partner,” said Sailing, who recently hosted a conference at Las Vegas City Hall bringing together startups with angel investors. Saling said Las Vegas “is going bonkers in such a big way” for startups. For a small city, Henderson seems to be accomodating and forward-thinking.” “It’s great to see Henderson or any of our cities on the best-of places,” Saling said. Jeffrey Saling, co-founder and executive director of StartUpNV, a statewide business incubator, said the publicity helps encourage startups in the region. This is extremely attractive for younger professionals interested in city living - and lets them afford to experience more than a closet-sized apartment filled with Cup-O-Noodles,” according to the Crowdspring report. Las Vegas sets itself apart from startup cities like Boston and San Francisco by offering a much lower cost of living in a major city. “Living in Nevada is significantly more cost-effective than most other places in the country. The report talked about the city hosting large trade shows for tech and other industries and cited the efforts of Hsieh and his venture fund. That report from online services company Crowdspring cited Las Vegas remaking its economy after the Great Recession and how businesses were leaving California because of high taxes with Southern Nevada welcoming them. That list included Los Angeles, San Francisco, Chicago, Denver, Seattle, Miami, Provo, Austin and Boulder, Colorado. That number is also the fewest of any in the top 10.Ī year ago, Las Vegas was listed as one of the 10 best cities in 2019 to launch a startup outside of Silicon Valley and the East Coast. The report said there were 27 venture capital deals in Henderson but didn’t indicate what they were. Henderson’s living wage is also pretty low at $11.32 per hour, lower than St. “This put Henderson into the top 11, while nearby Reno ranks No. “Although talent shortage can be an issue in Henderson, and Las Vegas in general, the office space rental cost is just $15.31 per square foot on average and declining slightly year-over-year,” the report said. Henderson is an affordable place for startups to locate in a region that has a growing startup scene,” according to the report.įundera cited how the region “first bloomed as a startup zone” in 2012, after Zappos CEO Tony Hsieh contributed $350 million of his personal money to revitalizing downtown Las Vegas.Many startups that have launched in the area since then have had successful acquisitions or exits, the report said. “The city of Henderson is often thought of as a residential suburb of Sin City, or a place to get close to nature when you’ve spent too much time inside the casinos. Las Vegas doesn’t qualify since it’s population is greater than 500,000. 9 followed by Kansas City and Scottsdale tied for 10th. Louis Arilington, Texas and Chandler, Arizona. They were followed by Cincinnati Durham North Carolina St. The report from Fundera, an online loan broker, looked at 50 cities of fewer than 500,000 people and analyzed talented workforces and cost of living that would allow the new company to survive.įundera said it measured each city’s access to a talented labor pool, average labor cost, office space cost, average cost of living and proximity to a larger startup ecosystem to indicate “cities with high potential for startup success exist across the country.” Henderson made a top 10 list as one of the most promising midsize cities for startups in 2020. (Bizuayehu Tesfaye/Las Vegas Business Press) National report lists Henderson as one of the most promising midsize cities for startups in 2020.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |