Miami is heating up with startups. Babson GEM report sheds light on who they are.


    If it seems like everyone you meet is an entrepreneur these days, there’s a reason for that.

    Miami has one of the highest rates of new entrepreneurial activity in the country, nearly twice the national average, according to a 2016 Global Entrepreneurship Monitor report released Monday by Babson College.

    While 12.6 percent of Americans were starting or running new businesses during the past two years, 22 percent in Miami were doing so, according to the GEM report. And they are likely to be older and more educated with a higher income than their counterparts in many other cities.