CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
23 of 100
BACK NEXT
23. Minneapolis
Population: 374,956
Pros: Financial support for entrepreneurs, scenic lakes
Con: High taxes

Minnesota may be the land of 10,000 lakes, but its biggest cities are also filled with thousands of entrepreneurs. Minneapolis, in particular, has been working hard to recruit and support small business.

The Emerging Entrepreneur Capital Acquisition loan program is one example of the city's low-interest financing options available to new and expanding companies. To ease the pains of filing for permits and licenses, the Minneapolis Community Development Agency opened a one-stop business center in its office. The research and resources of the University of Minnesota and other area colleges have greatly contributed to the growth of the city's high-tech sector. One potential sticking point for entrepreneurs: Minneapolis has high state and local taxes.

Minneapolis' lakes offer recreational activities and scenic getaways, and private donors and foundations have invested $500 million in developing the city's art and cultural scene. Hot spots include the Walker Art Center, which hosts music, dance, film, theater, and educational activities. Other amenities in the metro area include the Minneapolis Sculpture Garden, five professional sports teams, and the Mall of America. -Brandi Stewart

Interactive map: Minneapolis
Homes for sale Find homes for sale in Minneapolis


NEXT: 24. Fargo, N.D.

Last updated July 02 2008: 11:16 AM ET
More Galleries
The no-cash economy Beer, lingerie, ad space and high-end electronics were some of the offerings business owners put up for swap at this week's Barter Business Unlimited holiday trade show. More
Black diamonds A North Carolina entrepreneur wants America to fall in love with truffles. More
Detroit: The Innovators The Motor City needs new industries. These 7 entrepreneurs are bringing tech, medical research and design jobs to the Detroit metro area. More

Special Offer
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.