DC: Not a Startup Friendly City
DC not the best city for new ideas. (Luis Gomez Photos)
From Alden Leonard. Contact him at alden[AT]borderstan.com and follow him @aldenleonard on Twitter.
The Washington Examiner reports that the District has earned a lackluster grade in friendliness to entrepreneurs.
In a new survey by the Kauffman Foundation and Thumbtack.com that asks small-business startups to grade their city’s stance towards upstarts like theirs, DC received a D+. Worse yet, the city earned an F for ease of starting a business. The survey shows that DC’s regulations, training programs, health and safety measures, and overall friendliness towards small business make it a difficult environment for entrepreneurs.
This poor rating is in spite of a strong economy in the District, which has continued to grow amidst a national recession. In the same survey, DC ranked second in the nation for its economic health.
TBD reminds you to brace yourself for tourist season. According to the American Public Transportation Association, DC is poised to welcome about 8.3 million visitors this summer, ranking second behind Chicago (which expects about 11.1 million tourists).
The report also notes that a majority of tourists will use public transportation to get around. Walk to the left, stand to the right!
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