Money Magazine has named the Charlottesville area one of the top 50 places to start a small business.
Additionally, Charlottesville was ranked 19th among small cities in the country. It is the only city in the state to be ranked or named in the article.
Billings, Montana, “combining gorgeous scenery with low taxes," took the top spot.
“We are very pleased to be recognized in this prestigious survey this year for our healthy business climate and competitive costs for doing business,” said Director of Economic Development Aubrey Watts, in a city press release.
“We hope that this important ranking encourages other enterprising businesses to consider Charlottesville home and recognize the opportunities that are possible in Charlottesville even in these challenging economic times.”
According to the article, UVA plays a big role in helping launch small businesses, especially thanks to the Darden Business School.
For a complete list of awards and recognitions for the City of Charlottesville, click here.
