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Cities where startups are thriving

Say "startup" and most think Silicon Valley, Austin or Boston. But investors and entrepreneurs say a new group of startup cities is emerging -- some in unlikely places.

Provo, Utah

gallery startup cities provo ut

The Provo-Orem area is often overshadowed by its northern neighbor, Salt Lake City. It's a third of the size and doesn't have its own NBA team. But Provo actually raises more venture capital money for startups.

Entrepreneurs have found that Provo, like Boulder, provides top-notch resources paired with reasonable living expenses. Startups can also turn to research facilities at the Mormon Church-run Brigham Young University, which is gaining recognition for its support of student business ventures.

The strongest resource here is BoomStartup, an accelerator, which means it provides entrepreneurs guidance and network opportunities. The program was named one of the top 15 in the country last year by media website TechCocktail.

- Last updated November 27 2012 07:59 AM ET