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BREAKING: Jackson 11th Best City For Small Business

courtesy Jackson Convention and Visitor's Bureau

Jackson is No. 11 among mid-sized cities for small business startups according to Fortune Small Business.

by Ronni Mott
October 13, 2009

The Jackson Free Press has just learned that Fortune Small Business has named Jackson a "best place to launch" a small business. Jackson ranks 11th on the magazine's list of mid-size American cities, which it released online today. JFP reporter Ward Schaefer contributed the profile of Jackson and local entrepreneur Devereaux Galloway, CEO and founder of Solar Power of Mississippi.

"There is a lot of interest in what we're doing on a local level. People in the city, especially homeowners, are eager to do business with us," Galloway says in the piece.

The rankings are based on a number of statistics, including per capita income, crime rates, average hourly wage and the percentage of population with a bachelor's degree. According to the Tax Foundation's 2009 State Business Tax Climate Index, Mississippi ranks 19th in the nation for its tax structure. Other Southeastern cities making the list include Huntsville, Ala. (No. 1), Lafayette, La. (No. 2), and Baton Rouge, La. (No. 9).

Fortune Small Business looked at a number of factors to rank cities for this list, detailed on the How We Picked the Best Places to Launch page:

"[W]e developed a methodology and sifted through data on factors such as per capita income, hourly wages, workforce quality, crime rates, taxes and foreclosures.

"We also looked at population size. While some entrepreneurs prefer to locate near major cities, others opt for the intellectual spark and intimacy of college towns and other small, close-knit communities. One size doesn't fit all, so our list is divided into three tiers: small, midsize and large metro areas.

"Then we turned reporters loose on the top places. Over the course of several months, we spoke with hundreds of entrepreneurs and economic development officials about the pros and cons of metro areas throughout the U.S. Using those findings, we adjusted our rankings and picked this year's winning places."

posted by .(JavaScript must be enabled to view this email address) on 10/13/09 at 01:30 PM. [printer version] Share |

COMMENTS

Great that the word is getting out. How long will it take for the Clarion-Ledger to post this story?

posted by golden eagle on 10/13/09 at 05:38 PM

They're too busy milking the Carla Hughes story to notice.

posted by DonnaLadd on 10/13/09 at 05:45 PM

Yeah. That and a Vicksburg weight loss challenge (though nothing wrong with that, but not what I can consider breaking news).

posted by golden eagle on 10/13/09 at 05:56 PM

Hai,this is very interesting site.I like the words"There is a lot of interest in what we're doing on a local level. People in the city, especially homeowners, are eager to do business with us," very much.Thank you...

posted by srikanthgadamala on 10/14/09 at 02:19 AM

I'm guilty. Now you all know I love my city, Pro-Jack all the way! However, I have not been able to tear myself away from this trial long enough to write a comment about Jackon being in the top 11 cities for small businesses. WELL JACKSON HERE IS YOUR DUE........ I AM SO PROUD TO BE A JACKSONIAN! TELL THE NAYSAYERS TO WATCH YOUR DUST.....

posted by Tell it! on 10/14/09 at 03:47 PM

JACKSON WE ARE SO PROUD OF YOU! THIS YEAR #11, NEXT YEAR #1.

posted by Tell it! on 10/14/09 at 03:48 PM

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BREAKING: Jackson 11th Best City For Small Business

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