The Loop

Upstate’s fast lane
Here’s the good news: When Forbes ASAP rated the 100 most populous metro areas to see which ones were most friendly to info-age start-ups, Rochester beat out Syracuse and Albany.
But our fair city ranked only 84th on the list of “Best Fast Places” to start and build an information-age business. Rochester gets high marks in the Quality of Life and High-End Brains categories, and does well in the Cost of Housing category, too. Not surprisingly, the city is dragged down by its high tax environment for business.
Rochester edged past Syracuse and the Albany-Schenectady-Troy triumvarate, which ranked 92nd and 90th, respectively. New York City snagged the 46th spot, chalking up points for a world-class airport and entrepreneurial zest. Buffalo came in 67th, outranking Rochester in general education and cost of living.
And the top spot to nurture a high-tech start-up? Salt Lake City.
(Write, e-mail or call Mary Morgan at 546-8303 with tips, rumors, inside information or strange tales for The Loop.)

x

Check Also

RW Dake Construction CEO Greg Vangellow (Provided photo)

As CEO, Vangellow is a vessel for continuing RW Dake’s reputation as a family business (access required)

As a commercial lender, it’s critical to understand the intricacies of accounting and finance. You’re not going to be of ...

Brian Model (Provided photo)

Florida equity firm sees investment opportunities in Rochester (access required)

A Florida-based private growth equity firm that has previously backed a number of Rochester-area companies has launched a new fund ...