published Thursday, June 19th, 2014

Chattanooga among leading metros in growth of "solopreneurs," study finds

Chattanooga ranks third among America's top 100 metropolitan areas in the growth of its solo entrepreneurs, according to a study released today.

Sparefoot, an online service for self-storage, ranked metro areas for the increase in their "solopreneurs," or individually owned businesses started in recent years.

Chattanooga trailed only McAllen, Tex., and Allentown, Pa. in the new ranking of growing areas for individuals starting businesses. Many of the top metro areas were those hard hit during the recession when many displaced workers ventured out on their own to start new businesses.

Data came from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.

Here is SpareFoot's complete list of America's Top 15 Hubs for Solo Entrepreneurs.

1. McAllen, Tex.

2. Allentown, Pa

3. Chattanooga

4. Youngstown, Ohio

5. Akron, Ohio

6. Detroit

7. Bakersfield, Calif.

8. Richmond, Va.

9. Tulsa, Okla.

10. Kansas City, Mo.

about Dave Flessner...

Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...

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