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BREAKING: Jackson 11th Best City For Small Business

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

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."

Previous Comments

ID
152645
Comment

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

Author
golden eagle
Date
2009-10-13T17:38:15-06:00
ID
152648
Comment

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

Author
DonnaLadd
Date
2009-10-13T17:45:46-06:00
ID
152649
Comment

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

Author
golden eagle
Date
2009-10-13T17:56:53-06:00
ID
152658
Comment

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...

Author
srikanthgadamala
Date
2009-10-14T02:19:30-06:00
ID
152674
Comment

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.....

Author
Tell it!
Date
2009-10-14T15:47:44-06:00
ID
152675
Comment

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

Author
Tell it!
Date
2009-10-14T15:48:54-06:00

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