Cheerleaders of South Florida’s entrepreneurial community, rejoice: the Miami-Fort Lauderdale-Pompano Beach metropolitan area has the highest level of startup activity in the country, says a new study that tracked entrepreneurial activity nationwide throughout 2016.
The region has for the past two years ranked No. 2 on the Startup Activity Index compiled and published by the Kauffman Foundation, a Kansas City, Missouri-based nonprofit that promotes entrepreneurship through research and initiatives. On Thursday, the metro area broke through to land the No. 1 spot on the list, ranking ahead of established technology hubs such as Austin (No. 2), New York (No. 7) and San Jose (No. 16).