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Chattanooga among best cities for startups, CNBC says

Eddie Poe uses a motorized blower to dry Innovation District logo paint in the middle of the intersection at Market and E. 11th streets in Chattanooga.
Eddie Poe uses a motorized blower to dry Innovation District logo paint in the middle of the intersection at Market and E. 11th streets in Chattanooga. Eddie Poe uses a motorized blower to dry Innovation District logo paint in the middle of the intersection at Market and E. 11th streets in Chattanooga.

Forget Silicon Valley. CNBC suggests that Chattanooga and a half dozen other cities are best for entrepreneurs trying to start a business.

In its program “Make It,” the financial TV network identified seven cities outside of the famed Silicon Valley around San Francisco that “are great for startups” and Chattanooga was the smallest of the picks that CNBC reporter Jimmy Im said are “shining bright for start-ups.”

photo Mayor Andy Berke speaks during a public meeting on the framework for the Innovation District on the Fifth Floor of the Edney Innovation Center on Tuesday, March 20, 2018, in Chattanooga, Tenn.

The best cities for new businesses getting started, CNBC says, are Cincinnati, Boston, Atlanta, Washington D.C., Los Angeles, Austin, Texas, and Chattanooga.

“Chattanooga has been making headlines as having a fast emerging tech sector with a strong start-up ecosystem,” Im reports.

Chattanooga, which EPB has billed as “Gig City” for its super fast internet links to every home and business, was the first U.S. city to roll out a citywide gigabit network in 2010. That provides web links that load 200 times faster than most broadband services.