MSA: Abilene, TX
Best places ranking: #15 among small metro areas Population: 159,521
Located a few hours west of Fort Worth, Abilene's hardly a big city, but as one community leader says, it's small enough to care about small businesses.
Abilene was the first city in Texas to implement a half-cent sales tax, funneling those earnings toward economic development. It's worked diligently to attract new employers, and local entrepreneurs can take advantage of a range of incentives, from job training and relocation grants to assistance with land purchases. The city boasts a low cost of living, a low unemployment rate and a high population of students -- a number of colleges call it home. Soon after Texas Tech University added a pharmacy school campus in Abilene, a biotechnology company launched in the city, and others are expected to follow. Abilene's location east of the world's largest wind farm, the Horse Hollow Wind Energy Center, makes the city a hot spot for the business of going green. Local companies have sprouted up to manufacture wind turbine blades, service the transport companies and oversee leases. -Tina Peng |
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