Looking for a place to call home for your start up business? Boston has a lot to offer! It’s not just a place to live, but also a great place to build a business. In fact, according to a recent report released by the U.S. Chamber of Commerce Foundation, Boston ranked No. 1 among the top 25 startup hubs in the U.S!
If you’re considering whether or not to make the move, below are the top 5 reasons why Boston is a great place to launch your start up.
Top 5 Reasons to Start a Business in Boston, MA
1. Quality of life
Boston offers a high quality of life for its residents. With numerous year round events, festivals, restaurants, parks and recreational areas, you’ll always have some kind activity to enjoy here in Boston!
There are plenty of networking opportunities to help you connect with the right people and grow your business in and around Boston! Check out upcoming networking events for Boston’s small business owners. There are also some great networking opportunities in the surrounding areas – including Wakefield. Learn more about business networking groups in Wakefield.
Boston is thriving with young professionals. With Harvard, Boston University, Tufts, and MIT right in your backyard, you have a huge selection of recent college graduates to choose from to join your team and help you grow your business.
4. Numerous Start Up Programs
According to Boston Startups Guide, there are nearly 50 Greater Boston startup accelerators, incubators, and similar support programs to help you build your start up! The programs can help you find office space, mentorship opportunities, access to industry experts and connections, a community of peers, and much more.
There are several federal and national agencies, as well as venture capitalists, willing to provide funding and financing options for small businesses in Boston and greater Massachusetts, including the Boston Loan Development Corporation, which provides loans of up to $150,000 for businesses in, or relocating to, the City of Boston. These loans can be used when buying a new business property, purchasing equipment or providing working capital to grow your business.
Considering Starting a Business in Boston?
Are you considering starting a business in Boston? The Lakeside Park offers affordable office space near Boston. Located right on the shore of Lake Quannapowitt, we are just 12 miles northwest of downtown Boston and minutes from numerous local nearby conveniences.
To learn more about our affordable office space near Boston, give us a call at (781) 557-5555 or schedule a free tour by filling out our quick and easy online form. Come see why Business is Better by the Lake!
Interested in helpful resources for small business owners in the Boston area?
Be sure to check out our Tips for Small Business Owners for articles and helpful insight that can guide you as you work to establish and grow your Boston startup!