These are the best places to launch a small business in America
Alec Manfre co-founded the tech start-up Bractlet as a student in Atlanta where he went to college, then ran it from an incubator in Santiago, Chile. But it was Texas where he and his two co-founders ultimately put down roots.
They got hooked on doing business in the state after moving the start-up to Houston to participate in an accelerator there. Bractlet makes a technology that helps commercial real estate owners evaluate their buildings’ energy infrastructure. The entrepreneurs were excited about the deep expertise in energy that existed in the city.
Twenty-person Bractlet has since moved to Austin, where its lead investor, a venture capital firm, is located. Thanks to the presence of schools such as University of Texas, the company has been able to find plentiful skilled talent, both within Austin and from cities such as Dallas, Houston and San Antonio, says Manfre.
Adding to the lure of doing business in Austin, he says, is the active start-up crowd; community groups centered on energy efficiency; and events like the movie, music and tech festival SXSW.