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Phoenix named among top cities for startups


According to a study by Commercial Cafe, Phoenix ranks among the top 10 large (population over 1 million) cities for business startups. Ranked No. 8 overall, Phoenix scored high for its affordability, housing, startup density and startup survival rate.

Dallas ranked No. 1, followed by three California cities: San Diego, San Jose and Los Angeles. Two other Texas cities – Houston and San Antonio – also made the list. Others among the top 10: Chicago, Philadelphia and New York City.

Austin, Washington, D.C., Seattle, Denver and San Francisco topped the startup list for smaller cities (population 500,000 to 1 million).

Arizona 100 staff

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Quarles & Brady creates venture fund for startups

Time Venture Fund

Quarles & Brady has announced the creation of a Time Venture Fund (TVF) to provide startups with the crucial legal advice needed at the formation stage while also providing a social benefit to the startup and entrepreneurship communities.

The goal of the program is to attract top startups and help entrepreneurs grow their businesses through bespoke and innovative engagements at the most crucial time for the startups.

TVF is an allocation of hours the firm has committed to the startup community. The firm is not and will not take equity in the companies. Six proposals have already been approved to date.

– Brad Vynalek, Quarles & Brady