According to a recent study, individuals considering going into business for themselves who reside in the Orlando, Florida, area are well positioned. The study, conducted by NerdWallet, determined that the city ranks in the top 20 nationwide for young entrepreneurs.
The factors taken into consideration in making this designation include:
- Access to funds.
- Local economy.
The fact that the University of Central Florida Business Incubator program as well as the National Entrepreneur Center, are both based in Orlando likely contribute to that finding. In addition, Orlando ranked high when it comes to per capital rates of small business loans—at $386.85 per loan.