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Scottsdale Ranked One of the Best ‘Untapped’ Cities for a Startup


The City of Scottsdale Ranks High on Startup List

Scottsdale, AZ (November 1, 2019) - The City of Scottsdale was ranked one of the best cities to launch a startup in the US! Financial lending company, Fundera gathered intel on 50 mid-sized American cities with a population under 500,000 residents. They ranked the cities based on office space vacancy, average cost of office space per square foot, cost of living and ease of access to a talented workforce.

Scottsdale, AZ ranked number 11 on the list of 50. Scottsdale’s affluent population, the high percentage of educated residents and low operational costs are key factors in the ranking. Over 56% of residents have obtained a bachelors degree or higher making Scottsdale a dream for employers looking to hire top talent. Scottsdale has also launched their job board, which gives employers direct access competitive job seekers hoping to land a new career with a Scottsdale based company. Also, Fundera found that the average office space leases for just under $23 per square foot. This is significantly less than Silicon Valley where most startups plant their roots.

Scottsdale’s ranking comes on the heels of the city winning “Best Global City of the Year”. As the accolades continue to roll in the community remains humble which is a true testament to those working tirelessly to make Scottsdale one of the best places to live and now to launch a startup.


About Scottsdale:

Scottsdale is one of the state’s leading job centers, with a diverse economy built on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses supplying over 150,000 jobs. The ASU SkySong Innovation Center, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with nearby Arizona State University. The Scottsdale Cure Corridor is a partnership of premier health care providers and biomedical companies seeking to advance medicine and patient care through cutting-edge research. For more information, visit