Wednesday, October 14, 2009

Wilmington Ranks #14 for Small Business Start Ups

Recognizing Wilmington's entrepreneurial spirit, Fortune Small Business Magazine has ranked Wilmington number 14 of the best midsize cities to launch a start-up business. The article in the November 2009 issue notes that there aren't a great deal of large employers in the area, which adds to the entrepreneurial air.

“In Wilmington, if you can’t find a job, you create one,” the article states.

Cape Fear Future was noted as a progressive program as well, citing the Wilmington 2.0 campaign as the city’s new project to foster technology-focused business.

The rate of small business growth in the area has been impressive: a 12.8 percent rate between 2004 and 2007, according to the article.

Read the entire article on the CNN Money website:

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