Ask Dave Taylor: Tech and Business


Colorado Rated #1 in Entrepreneurship by SBA

A study released today from the Office of Advocacy of the U.S. Small Business Administration and the Edward Lowe Foundation ranked Colorado as #1 in both innovation and entrepreneurship.

The research summary states: "This research addresses the needs of local policymakers to understand the role of entrepreneurship and innovation in creating an environment where local economic growth can thrive."

Obviously, this is a great bit of news to hear, confirming my belief in the thriving local business community, but it also raises the question of why, as an active entrepreneur, I don't see any signs of innovation or entrepreneurial assistance from our State agencies?

Some methodology notes: Indexes were used to rank the 394 regions studied, and the regional entrepreneurship index was composed of the number of new firms per 1,000 labor force participants, average annual change in the number of new firms and the percent of rapidly growing firms.

This is particularly interesting because many of the entrepreneurs I know are carefully flying under the proverbial radar of local government agencies, suggesting that...