2023 Best of the Midwest: Startup City Rankings
<p><strong>The annual Midwest Cities Rankings are our yearly deep dive into understanding how micro-environments in the Midwest are performing relative to one another in terms of startup activity, access to resources, and business climate. To view the full rankings, visit the </strong><a href="https://midweststartups.com/midwestecosystem/" rel="noopener ugc nofollow" target="_blank"><strong>city rankings page</strong></a><strong> on Midwest Startups.</strong></p>
<p><img alt="" src="https://miro.medium.com/v2/resize:fit:1000/1*8sgshgUxtUxkQytMs7-s7g.png" style="height:657px; width:1000px" /></p>
<p>2023 Best of the Midwest: Startup City Rankings</p>
<p>The defining word across the Midwest over the past 12 months seems to be <em>resilience</em>. VC funding continued to slide nationwide and <a href="https://news.crunchbase.com/venture/vc-funding-falling-report-data-q2-2023-north-america/" rel="noopener ugc nofollow" target="_blank">reached new lows</a> with corresponding massive budget cuts at startups needing to slash unsustainable burn rates. Declining sales, layoffs and down-rounds became the norm across the US, but not all was doom-and-gloom in the Midwest. While the Midwest was not spared layoffs or tough recapitalizations, the slide wasn’t nearly as dramatic. Fortune 500s are not canceling their software or delaying cloud migrations, startup CEOs aren’t laying off whole teams of expensive developers and Indiana and Missouri scaleups aren’t struggling under a 100x revenue multiple that they’ll never grow into.</p>
<p><a href="https://blog.midweststartups.com/2023-best-of-the-midwest-startup-city-rankings-8c2898932b5c"><strong>Website</strong></a></p>