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Ten Cities Fight The Recession With Sustained Entrepreneurial Spirit

Written by Jenna Weiner
Published: 7/29/2009

Entrepreneurs pursuing their startup dreams should consider moving to one of the top ten "entrepreneur-friendly" cities.

Though the recession may be suppressing startup dreams across the country, >Entrepreneur magazine had some good news for entrepreneurs that are still holding on to their dreams - there are (at least) ten cities in America where the entrepreneurial spirit is still going strong.

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These cities are entrepreneur-friendly, according to the magazine, because "there's an openness and energy that permeates the whole culture, an infectious enthusiasm throughout the small-business community, and a faith that any problem can be overcome through dedication and smart decisions."

The top ten cities meeting these requirements were found to be Las Vegas, Nevada; Portland, Oregon; Orlando, Florida; San Diego, California; Phoenix, Arizona; Chapel Hill, North Carolina; Atlanta, Georgia; Madison, Wisconsin; Youngstown, Ohio and Austin, Texas.

Yet recent data from Standard & Poor's Case-Shiller index found that two of the cities on the list - Las Vegas and Phoenix - have seen some of the most rapidly falling housing prices in the country, declining 32 percent and 34 percent respectively from last year's prices, reported the Wall Street Journal.

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