Here are the top Midwestern states and cities for startupstechnicalstudio | March 24, 2018 | 0 | Tech News
The American Midwest has a long history of making stuff. During the 20th century, it was the manufacturing center for the nation, and indeed much of the world. It’s still where a surpassing majority of agricultural commodities are grown and processed. But is it also a major producer of technology startups? Maybe not as much as the coasts, but the Midwest’s bustling metropoli and vast expanses of rural land prove to be fertile ground for quite a bit of startup activity.
And that’s what we’re going to take a look at here. In a similar vein to our recentanalysis of startup fundraising in the South, we’ll break down the region into its constituent parts, assessing deal and dollar volume trends in the Midwest’s two primary sub-regions, some of its individual states and the most active metropolitan areas in the U.S.’s midsection.
And, to be clear, this is notCrunchbase News’s first foray into the region. We’ve coveredthe region’s seed-stage interest in AI and hard tech, afewnotablerounds and have always included the Midwest inall mannerofdata-spelunking expeditions. And to this, we’ll add a deep dive into the numbers.
Defining the midwest
Borders and boundaries are a deep well of disputes. To preempt debate, we use the U.S. Census Bureau’s definition of the Midwest region which,unlike its definition of the South, shouldn’t be too controversial. If you have something against Kansas or Ohio being included in this group, take it up with the Feds.
The good folks at the Census Bureau split the Midwest into two distinct — and rather unimaginatively named — sub-regions: the West North Central and East North Central states, which are separated by the Mississippi River. We’ve included the map below.
By splitting the Midwest into two distinct parts, we’ll be able to see where most of the startup and funding activity is concentrated.
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