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30 Cities Where Small Business Owners Are Thriving

GOBankingRates Logo By Joel Anderson of GOBankingRates | Slide 2 of 32: Rate of new entrepreneurs: 0.2% of the adult populationStartup density: 69.2 startups for every 1,000 businessesBaltimore doesn’t currently have as large a portion of its population starting new companies as other cities on this list — or as large a portion of startups — but the entrepreneurs who did decide to call Baltimore home appear to be doing well. Regardless of how many startups there are, Baltimore outscores most of the cities in this study for the percentage of small businesses still in operation five years later.

30. Baltimore, Md.

  • Rate of new entrepreneurs: 0.2% of the adult population
  • Startup density: 69.2 startups for every 1,000 businesses
  • Baltimore doesn’t currently have as large a portion of its population starting new companies as other cities on this list — or as large a portion of startups — but the entrepreneurs who did decide to call Baltimore home appear to be doing well. Regardless of how many startups there are, Baltimore outscores most of the cities in this study for the percentage of small businesses still in operation five years later.

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