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
7 lifehacks to eliminate your holiday hassle Whether curating the perfect gift or finding a pet-sitter, these startups offer time-saving services that might just seem like holiday magic. More
San Francisco: The best city to make things From electric motorcycles to death shrouds, San Francisco's manufacturing sector is booming. More
6 designers shaking up fashion These designers are changing the way we dress, accessorize and shop, from custom made-to-fit dresses to smart jewelry that's actually stylish. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.