Kauffman Foundation’s annual Startup Index has ranked the state of Nevada highest for Startup Density, at an amazing 107.4, amongst all 50 states. .This index is the gold standard for identifying and tracking startup density which is defined as the number of newly established employer businesses to the total employer business population (in 1,000s). Additionally, startup businesses are defined as firms less than 1yr. old, employing at least 1 person besides the owner.
Understanding the value of startups to the area, the Economic Development Authority of Western Nevada (EDAWN), investigates what aspects influence entrepreneurs in selecting the region for their start. Through monthly video, these topics are explored in the series Rethink Reno.
This month, Ryan Adams, President and CEO of Artech is interviewed.