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News on the Street


Chandler on the list of 11 US cities poised to be the next hot spot for start-ups CNBC.com

10/23/2019

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There’s reason for founders to look to smaller cities for their latest ventures. While San Francisco and New York receive nearly half of all venture capital investment in the country, a high cost of living makes it hard for entrepreneurs to start businesses there, and workers can be stretched thin even on six-figure salaries. Even smaller start-up scenes that have cropped up in response, like Austin, Texas, have seen real-estate prices skyrocket thanks to an influx of newcomers.
As a result, workers are moving beyond city limits. A 2018 Gallup poll found a greater share of Americans would prefer to live in a small city or a suburb, over a big city. Millennials especially are now fleeing big cities for greener, and more affordable, pastures.

​8. Chandler, Arizona
Median household income: $85,527
Living wage: $11.90
VC deals since 2016: 122

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  • Home
  • About
    • Our Team >
      • Tom Fulcher
      • Jasmine Holmes
      • Kyle Shields
    • Clients
    • FAQ's
    • Resources >
      • AZ Founders Guild
  • Programs
    • For Entrepreneurs
    • Current Innovations Clients
    • Become A Mentor
    • Pitch Power
  • Events
    • Events Calendar
    • The Startup Connection >
      • Startup Connection 2021 Agenda
  • News
    • News Articles
    • Press Releases
    • CAREER OPPORTUNITIES
  • Contact
  • Apply Now