Forbes has compiled a list of the top cities for entrepreneurs, naming Toronto as a key region.
"Toronto is home to Canada's largest entrepreneur ecosystem and one of the largest in the world. Toronto entrepreneurs have their attention on new markets and outsourcing is increasingly popular. Some entrepreneurial success stories are Wave Accounting, FreshBooks, and Achievers," the article says.
Incidentally, Toronto was listed second, surpassed only by Silicon Valley.
Techvibes also
recently weighed in, wondering if Toronto has what it takes "to become the entrepreneurial capital of the world."
"Toronto was recently ranked among the top five startup hubs globally, one of the most livable cities in the world, and the fourth-largest city in the North America in terms of population—but what does this all mean for community’s entrepreneurial future?" Techvibes wrote.
The article cites the city's multi-cultural, "diverse and entrepreneurial workforce" as a key component. "Universities in Ontario have a strong emphasis on research and innovation. They are producing the deepest talent pools in business, engineering and science with many of these graduates choosing to start their own businesses."
Government funding opportunities, accelerator programs, VC funding, and a "great ecosystem for young companies" are also cited as reasons why Toronto is a top city for entrepreneurs.
Read the full story
here.
Original source: Forbes