Move Over Silicon Valley, Colorado Wants Your Startups
By: Brent Handler, Founder and CEO, Inspirato
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Why are so many entrepreneurs coming to Colorado? Well, the reality is that Colorado is currently one of the most attractive and lucrative places to do business, particularly if you are launching, running or growing a start-up. In fact Built In Denver's 2012 Colorado Startup Report showed that last year in Colorado (primarily in Denver and Boulder), 122 start-ups launched and collectively raised over $502 million.
While we may still look like a nascent start-up market compared to Silicon Valley, Colorado is becoming an increasingly fruitful environment for innovation, and the Mile High City is now being duly recognized as one of the best places to do business in the country.
There are a wide range of reasons for this, but I've landed on three major components that I think most significantly contribute to its start-up friendly environment: a young, energetic, and educated workforce, a real sense of work-life balance, and a supportive, engaged state government.