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10/21/2003

Little Rock/North Little Rock Named One of the Best Cities for Entrepreneurs
by Laura Fine, Assistant State Director

The 10th Annual Best Cities for Entrepreneurs ranking released by Entrepreneur magazine and D & B ranked the Little Rock/North Little Rock area 7th for Top Midsize Cities in the South for 2003.

Four criteria were used to rank the cities: Entrepreneurial Activity (based on the number of businesses 5 years old or younger), Small-Business Growth (based on the number of businesses with fewer than 20 employees that had significant employment growth from January 2002 to January 2003), Job Growth (change in job growth over a three-year period through January 2003), and Risk (bankruptcy rates).

To view all rankings, visit http://www.entrepreneur.com/bestcities/.

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The Arkansas Small Business and Technology Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status, or disability.