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Associated Press
20-05-2025
- Business
- Associated Press
The Most Entrepreneurial Cities of 2025 Prove Size Doesn't Matter
Originally published on GoDaddy Newsroom TEMPE, Ariz., May 19, 2025 /3BL/ -- GoDaddy (NYSE: GDDY) today revealed the United States' Most Entrepreneurial Cities of 2025. The rankings demonstrate both small and large cities are driving innovation, with unexpected underdogs emerging as entrepreneurial powerhouses alongside traditional business hubs. Top 10 Most Entrepreneurial Cities in the data from the GoDaddy Small Business Research Lab (formerly Venture Forward), a seven-year-old initiative that studies small business activity across the country, the 2025 ranking was determined following an analysis of cities with the highest number of new ventures created during the previous calendar year. So, what does this mean? 88 cities in the U.S. named Washington 'Small businesses are vital in fueling growth across the country, but they don't always get recognized for how much they punch above their weight,' said Gourav Pani, president, Independents at GoDaddy. 'These rankings show new businesses emerging from every corner of the country, and entrepreneurs are proving they can succeed anywhere.' You can find additional data on the 2025 Most Entrepreneurial Cities and read more about those ranked in the top 10 on GoDaddy's website. About the GoDaddy Small Business Research LabThe GoDaddy Small Business Research Lab (formerly known as Venture Forward) analyzes more than 20 million online businesses with a digital presence, defined by a unique domain and active website. Most of these businesses employ fewer than ten people, classifying them as microbusinesses. Since 2018, the program has surveyed more than 50,000 entrepreneurs, making it a leading source of data and insights on microbusiness trends. To learn more, visit About GoDaddyGoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo™, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit Source: GoDaddy Inc. Visit 3BL Media to see more multimedia and stories from GoDaddy
Yahoo
19-05-2025
- Business
- Yahoo
The Most Entrepreneurial Cities of 2025 Prove Size Doesn't Matter
NORTHAMPTON, MA / / May 19, 2025 / GoDaddy New GoDaddy data reveals unexpected hotspots fueling the United States' entrepreneurial spirit Originally published on GoDaddy Newsroom GoDaddy (NYSE:GDDY) today revealed the United States' Most Entrepreneurial Cities of 2025. The rankings demonstrate both small and large cities are driving innovation, with unexpected underdogs emerging as entrepreneurial powerhouses alongside traditional business hubs. Top 10 Most Entrepreneurial Cities in the data from the GoDaddy Small Business Research Lab (formerly Venture Forward), a seven-year-old initiative that studies small business activity across the country, the 2025 ranking was determined following an analysis of cities with the highest number of new ventures created during the previous calendar year. City Number of newbusinessescreated Growth yearover year San Francisco, CA 173,054 122 % Los Angeles, CA 153,681 50 % Denver, CO 63,010 56 % Oklahoma City, OK 11,180 21 % Frankfort, IL 10,370 16 % Ontario, CA 9,789 100 % Wilmington, DE 8,811 14 % Wilmington, NC 6,734 36 % Katy, TX 6,660 12 % Alameda, CA 6,300 83 % So, what does this mean? The Bay is back. Known as an innovation powerhouse, San Francisco leads the ranking with over 173,000 small businesses added, fueled by its deep-rooted tech culture, access to venture capital and highly skilled workforce. While neither San Francisco nor Alameda would have made the top 10 in 2024, both cities catapulted the Bay Area to this year's leaderboard. Suburban markets are booming. Several smaller, suburban cities clinched a spot in the top 10, despite competing with well-known, large urban cities across the country. Frankfort, Ontario, Katy, and Alameda all emerged as new hotspots and challenge the idea of where entrepreneurship thrives. Wilmington is trending. There are 88 cities in the U.S. named Washington, and yet it's two cities named Wilmington that made the top 10. Wilmington appears to be becoming a name synonymous with small business. Is California the new epicenter for small businesses? Despite its reputation for high costs, GoDaddy data shows multiple California cities are seeing significant entrepreneurial growth. With four cities on the list, California edges out other states with its increase in small business starts. "Small businesses are vital in fueling growth across the country, but they don't always get recognized for how much they punch above their weight," said Gourav Pani, president, Independents at GoDaddy. "These rankings show new businesses emerging from every corner of the country, and entrepreneurs are proving they can succeed anywhere." You can find additional data on the 2025 Most Entrepreneurial Cities and read more about those ranked in the top 10 on GoDaddy's website. About the GoDaddy Small Business Research LabThe GoDaddy Small Business Research Lab (formerly known as Venture Forward) analyzes more than 20 million online businesses with a digital presence, defined by a unique domain and active website. Most of these businesses employ fewer than ten people, classifying them as microbusinesses. Since 2018, the program has surveyed more than 50,000 entrepreneurs, making it a leading source of data and insights on microbusiness trends. To learn more, visit About GoDaddyGoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo™, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit View additional multimedia and more ESG storytelling from GoDaddy on Contact Info:Spokesperson: GoDaddyWebsite: info@ SOURCE: GoDaddy View the original press release on ACCESS Newswire
The Independent
05-05-2025
- Business
- The Independent
Density of new start-ups soars across north of England, says research
The North of England has recorded rapid growth in the number of small business being launched, according to new research. Analysis by GoDaddy UK and Ireland shows that 40% of the areas with the fastest growth in the density of start-ups and small business were in the North. Andrew Gradon, head of GoDaddy UK and Ireland, said it highlighted that investment through the Northern Powerhouse initiative appears to have boosted regional growth. The Northern Powerhouse was an initiative started by the coalition Government from 2010, using local enterprise partnerships across the regions to help drive growth. Of the 50 constituencies with the fastest growing number of small businesses, 20 came from 'Northern Powerhouse' areas, according to the Venture Forward report. This compared with nine in the south of England and was twice the figure across the region last year. Towns such as Barrow-in-Furness, Cumbria, Burnley in Lancashire, and Birkenhead, Merseyside, have seen a significant increase in small business growth compared with last year, of more than 70%. Mr Gradon said: 'While small businesses flourish across the nation, the North has proven to be a hub of entrepreneurial spirit. 'A decade on from the introduction of the Northern Powerhouse Investment Fund, the investment is clearly having an impact on the start-up economy. 'Importantly, it proves that being a small business doesn't mean having small ambitions, nor does it mean small impact. 'Small businesses will have a key role to play in unlocking the North's longer-term potential, benefiting the region hugely by providing new jobs and opportunities. 'However, the same can be said for all areas, because when local entrepreneurship thrives, we all thrive.'
Yahoo
17-04-2025
- Business
- Yahoo
GoDaddy Venture Forward Quarterly Newsletter Q1, 2025
NORTHAMPTON, MA / / April 17, 2025 / GoDaddy: Originally published on GoDaddy LinkedIn Let's start out with fresh insights into the world of small and microbusinesses. GoDaddy's research initiative, Venture Forward, has been tracking the impact of online microbusinesses - which typically employ fewer than 10 people - on local economies since 2018. Its latest data highlights how entrepreneurs are leveraging digital tools, especially AI, to fuel growth, create jobs, and drive innovation. To date, we've surveyed over 50,000 microbusiness owners, giving us a unique and data-driven perspective on their challenges, successes, and evolving needs. Whether you're an entrepreneur, policymaker, or researcher, GoDaddy Venture Forward is your go-to source for understanding the small business landscape. Stay tuned for exclusive reports, new data releases, and trends shaping the future of microbusinesses. If you haven't already, subscribe to this newsletter to get updates in your LinkedIn feed each quarter! Greg EfthimiouVice President, Public Relations Igniting the Microbusiness Movement: Uncovering New U.S. Economic Trends The Microbusiness Data Hub has been refreshed through December and the fourth quarter of 2024, including updated Microbusiness Density Data, Microbusiness Activity Index, and e-commerce trends. We have also released our latest review of the impacts made by these entrepreneurs on job creation and unemployment based on the latest U.S. Census Data and Bureau of Labor Statistics (BLS) through December 2024. Statistically significant findings in partnership with UCLA Anderson Forecast economists include: At the county-level, every additional microbusiness entrepreneur adds about seven jobs, which has continued to grow based on data through 2024. Analysis of data from 2018 to 2024 found the effect of microbusiness entrepreneurship to be two or more new jobs for every additional entrepreneur, and from 2020 to 2024, about seven new jobs. Adding 1,000 new microbusiness entrepreneurs in a county is associated with a drop of 0.11 percentage points in the unemployment rate. This means that studying Miami-Dade County in Florida, with almost 430,000 microbusinesses and 2.1 million people over the age of 18, adding just 1,000 entrepreneurs would reduce the region's unemployment rate by almost 7% (from 1.6% to 1.49%). And Cuyahoga County, Ohio (home to Cleveland), with over 72,000 microbusinesses, could see a decrease of 3% in unemployment from 3.2% to 3.09% by adding 1,000 new microbusiness entrepreneurs. Download the data How AI is Supercharging Small Businesses and Boosting Local Economies Small businesses are the backbone of local economies, and AI is helping them thrive like never before. New research from GoDaddy, in partnership with UCLA Anderson economists, shows that AI-powered tools like GoDaddy Airo are driving job creation, boosting productivity, and increasing revenues for small business owners. GoDaddy Airo uses advanced AI to optimize marketing, customer engagement, and business insights, making it easier for entrepreneurs to start and grow their businesses. Here's what we found: Every new website created with GoDaddy Airo contributes to an average of 20 new jobs per county. AI-powered small businesses report 72% higher productivity and 61% increased revenue. More small businesses are launching online, lowering the barrier to entrepreneurship. AI is even helping reduce local unemployment rates. Despite these gains, 38% of small business owners say they don't know enough about AI-showing there's still work to do in 2025 to make AI accessible to all. How can AI help your business grow? Read the full findings GoDaddy and Mastercard Join Forces to Empower America's Small Businesses Alex Rosen of GoDaddy and Ginger Siegel of Mastercard explore the challenges and opportunities faced by small businesses in a new article. Despite incredible growth in recent years, many small businesses are still disconnected from crucial resources, from digital tools to financial support. The collaboration between GoDaddy and Mastercard aims to bridge these gaps, offering insights into how small business owners can leverage available resources to drive growth and success. Small businesses are the heart of the U.S. economy, and new GoDaddy research reveals that entrepreneurs are more determined than ever to succeed. Despite economic challenges, small business owners remain optimistic, adaptable, and eager for the right support to help them scale. Here's what we found: Confidence is high - Entrepreneurs are pushing forward, with a strong belief in their ability to succeed. Adaptability is key - Small business owners are pivoting strategies, embracing digital tools like Gen AI and social media, and finding creative ways to grow. Support is needed - While their ambitions are big, many small business owners say they need better resources, mentorship, and financial backing to reach their full potential. Small businesses are resilient, but they can't do it alone. What can be done to empower them? Read the full story Small Museums Face Unprecedented Challenges Amid Declining Visitors and Rising Costs Recent research by Kids in Museums and GoDaddy's Venture Forward initiative reveals that three in five small museums fear potential closure due to decreased visitor numbers and increased operational expenses. Over three-quarters describe this period as the most challenging they've experienced. The "Small Days Out" campaign encourages families to support local, independent museums during school holidays, emphasizing their vital role in preserving community heritage. This initiative highlights the importance of community engagement in sustaining these cultural institutions. Access the complete story here. In the News Entrepreneurial Resilience: Insights from GoDaddy's Venture Forward Report GoDaddy's latest Venture Forward report reveals that 75% of microbusiness owners who close a business persist by launching new ventures, with 39% of these becoming the primary income source for their households. This resilience underscores the vital role microbusinesses play in driving economic renewal, a theme echoed in a recent Inc. article highlighting key policies to support entrepreneurs. The report also highlights that each entrepreneur creates an average of seven jobs at the county level, up from two in 2020, and that women now own 51% of microbusinesses, up from 41% in 2019. Read more in Inc. Croydon Emerges as a Thriving Hub for UK Small Businesses Recent data from GoDaddy's Venture Forward report highlights Croydon's remarkable growth in microbusinesses, positioning the borough as a potential "UK's answer to Silicon Valley." Over the past year, Croydon experienced a 24% increase in microbusiness numbers, surpassing the rest of London and ranking third nationwide. This surge underscores the area's entrepreneurial spirit and its role in driving local economic development. Discover how Croydon is leading the UK's microbusiness growth Women-Led Businesses on the Rise in Australia and Canada Recent findings from GoDaddy's Venture Forward research highlight the impressive growth of female-led microbusinesses across Australia and Canada, emphasizing their resilience, innovation, and increasing economic impact. Women now run 44% of Australia's microbusinesses, with 57% of these ventures established within the past five years. Notably, over 27% of female entrepreneurs are the primary income earners for their households, showcasing a significant shift toward gender diversity in the country's entrepreneurial landscape. Explore the full article Similarly, 43% of Canada's microbusinesses are led by women, with 48% of these ventures launched in the last five years. Remarkably, 26% of female entrepreneurs are the main breadwinners for their households, while 33% report monthly revenues exceeding $5,000. Leveraging technology, 46% believe AI will enhance their competitiveness with larger companies through content creation, strategic insights, and more. Dive deeper into Canada's story here View additional multimedia and more ESG storytelling from GoDaddy on Contact Info: Spokesperson: GoDaddyWebsite: info@ SOURCE: GoDaddy View the original press release on ACCESS Newswire Sign in to access your portfolio
Associated Press
02-04-2025
- Business
- Associated Press
Spring Bloom: Canada sees surge in small business creation as weather warms
New data from GoDaddy shows April is the peak month of the year for starting a new business in Canada Microbusiness density – the number of small businesses per 100 people – rose, on average, by +11.8% across all Canadian territories and provinces in April 2024 The Northwest Territories and Nunavut saw the biggest April rise of +17.1%, followed by Yukon at +13.7% Ontario, British Columbia and Quebec saw the 4th, 6th and 7th biggest rises respectively The figures come from Venture Forward, GoDaddy's multi-year research initiative which analyses data from 770,000 Canadian online small businesses TORONTO, April 2, 2025 /CNW/ -- April is the peak month of the year for starting a new business in Canada, new GoDaddy research shows. Based on analysis of 2024 figures, microbusiness density – the number of small businesses per 100 people – rose, on average, by +11.8% across all Canadian territories and provinces. The Northwest Territories and Nunavut saw the biggest April rise of +17.1%, followed by Yukon at +13.7%. Ontario, British Columbia and Quebec saw the 4th, 6th and 7th biggest rises respectively. The figures come from Venture Forward, GoDaddy's multi-year research initiative which analyses data from 770,000 Canadian online small businesses (with fewer than 10 employees). Small businesses can generate huge gains for local Canadian economies in 2025 This seasonal rise in small business creation last year bodes well for April 2025 and beyond. Local Canadian businesses act as the backbone of the Canadian economy and bring huge benefits to local economies and communities. GoDaddy's data finds that almost half (46.4%) of small business owners in Canada employ two or more staff, 42% generate over $5,000 in monthly revenue, and over half (55.6%) aspire to grow their business by hiring more staff and opening physical locations in the months ahead. The barriers to starting a small business have never been lower The small business 'Spring bloom' also coincides with it being easier than ever for people to set up a new company. According to GoDaddy's research, over a quarter (27.3%) of small business owners report needed less than $500 to start their business. And with AI tools such as GoDaddy Airo supporting business owners on their journeys, the barriers to setting up a small business have never been lower. Just under three in ten (27.7%) Canadian small business owners report using AI to help them run their business. Young Lee, Canada Market Lead for GoDaddy, commented: 'In times of economic uncertainty, Canadian small businesses remain a vital force for resilience and innovation. From coast to coast—including more remote regions like Yukon and the Northwest Territories—entrepreneurs are not only driving job creation but also strengthening local communities. 'GoDaddy's Venture Forward research underscores that April is a key month in the small business calendar, with many dreams and ideas being turned into reality. At GoDaddy, we are committed to ensuring the positive benefits of the 'Spring bloom' of small business creation are felt for many months to come. We are supporting Canada's entrepreneurs with the tools, resources, and insights they need to navigate challenges and seize new opportunities for growth.' Increase in Microbusiness Density Between March 2024 and April 2024 and Rank by Canadian Province [source: GoDaddy Venture Forward] Rank Province Increase in MD Density 1st Northwest territories and Nunavut 17.1 % 2nd Yukon 13.7 % 3rd Alberta 13.3 % 4th Manitoba 12.5 % 4th Ontario 12.5 % 5th Nova Scotia 12 % 6th British Columbia 11.3 % 7th Newfoundland and Labrador 11 % 7th Quebec 11 % 8th Prince Edward Island 10.1 % 9th New Brunswick 9.9 % 10th Saskatchewan 7 % About Venture Forward Venture Forward is a multi-year research initiative, which analyses data from over 770,000 Canadian small businesses with 0-9 employees - conducted by GoDaddy to quantify the impact of these businesses on the Canadian economy and their local communities. About GoDaddy GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit
