"Indianapolis made it onto the list... check us out!" Larry
Where the Action Is
Across the country, new industry hubs are drawing entrepreneurs and investors - and offering start-ups support and safety in a turbulent economy
The Wall Street Journal
WSJ.com, August 22, 2011
By Emily Maltby
Location Matters.
It's a lesson that's all too easy to forget in a world driven by mobile devices, cloud computing and home offices. There are big benefits to setting up shop in the right spot - especially among lots of peers in the same field.
Just ask sports-gear makers in Ogden, Utah. Or health-care companies in Nashville. Or nanotechnology researchers in Albany, N.Y.
These cities, and others like them across the country, have become hubs for specific industries. Entrepreneurs are moving there and flourishing in the teeth of a bleak economy. The cities, in turn, are nuturing the entrepreneurs by giving them access to funding, mentors and facilities.
All in all, these clusters can be ideal spots for an entrepreneur in the field. Being there means getting access to a much wider range of suppliers, customers, employees and industry experts. What's more, industry peers are often willing to support each other as they get off the ground, sharing recommendations about staffers, potential sales leads and attractive office space, or giving each other guidance and insight about the industry...
The article continues and gives a look at seven up and coming innovative centers. Indianapolis is listed first, as a Life Sciences center... read the full article to learn more. Click here.
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