Syracuse’s Startup Scene Earns National Attention

Syracuse’s Startup Scene Earns National Attention

Studies recognize Syracuse as among the best cities in the country for startup companies By Payne Horning Syracuse may not be a Silicon Valley or New York City, but as the startup industry begins to expand beyond the traditional larger cities into other parts of the country, there are signs indicating that the Salt City could become part of the next wave. The Brookings Institution recently listed Syracuse as one of the country’s potential growth areas for the future of America’s high-tech innovation sector. To qualify, the cities had to be of a certain size and have well-educated populations, nearby research universities and existing innovation companies. Additionally, Embroker, Inc., a San Francisco-based digital insurance company that serves startup companies, just ranked Syracuse as among the top 10 cities in the country for lowest startup costs. Renting an office in the Salt City costs an average of $900 a month compared to $4,500 a month in New York City. But it wasn’t just the cheap office space that earned Syracuse this high-profile attention. The Embroker study said the city is also “ripe with programs that aim to foster entrepreneurs, seed their companies, and support them as they grow.” For example, the

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