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Lee County Florida – A Great Place for Small Business

Bizjournals.com has ranked the Cape Coral-Fort Myers metropolitan area No. 20 in its list of best places in the United States to launch a small business.

Bizjournals used a six-part formula to analyze the nation’s 100 largest metropolitan areas, noting population growth between 2002 and 2007, employment growth from 2003 to 2008, small-business growth from 2005 to 2006 and small-business population. Bizjournals defines a small business as any private-sector employer with 99 or fewer employees.

Compared to other Florida metropolitan areas Cape Coral-Fort Myers scored behind No. 7 Orlando and No. 12 Miami-Fort Lauderdale, but ahead of No. 25 Jacksonville, No. 43 Palm Bay-Melbourne, No. 44 Bradenton-Sarasota, No. 51 Daytona Beach, No. 53 Tampa-St. Petersburg and No. 81 Lakeland.

The country’s top five rankings went to Raleigh, N.C.; Charlotte, N.C.; Seattle, Wash.; Austin, Texas; and Boise, Idaho.

Cape Coral, the largest city in Southwest Florida, also was ranked No. 1 by INC Magazine in its list of best mid-sized cities for doing business. The Cape Coral Economic Development Office assists existing businesses and recruits new ones, administers incentive programs and conducts global marketing for the city. Visit http://www.bizcapecoral.com or call 239-574-0444 or toll-free 866-573-3089.

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