Nashville, Tenn.
gallery startup cities nashville tn

Nashville-born rapper Young Buck was on to something when he called it Cashville.

Music City, USA has long been a hub for entrepreneurs -- from musicians to the record companies that back them -- but these successes rarely worked together. That's changed.

In 2010, the city's chamber of commerce created the Entrepreneur Center, which brought investors together and offered startups mentoring and fundraising opportunities.

It's working so far, as Nashville has shot up the ranks of PricewaterhouseCoopers' MoneyTree report, which gauges venture capital activity. The city's investors have put $72 million in 21 companies so far this year, compared to $38 million in 8 companies in 2009.

Nashville also offers startups a lower cost of living than rival cities in Silicon Valley or the Northeast. Jerry Bostelman, CEO of a staffing company there, said young entrepreneurs are wrong to think Nashville is just "some hillbilly town."

  @Jose_Pagliery - Last updated November 27 2012 07:59 AM ET
Join the Conversation

In a lousy economy, startup ideas can be found in surprising places. We asked which opportunities are drawing the most interest from entrepreneurs and their customers.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.