Business owners who are aiming to build a startup company may want to consider building their headquarters in Fremont.
The City of Fremont recently ranked No. 1 in the nation for tech startups, according to the city website.
The ranking was determined by a report from San Francisco-based SizeUp.com in which Fremont beats other cities in the number of technology start-up businesses per capita.
According to the City of Fremont, there are 21 tech startups for every 100,000 Fremont residents.
The Fremont Argus reported that city leaders say the top ranking is a result of the city making the recruitment of high-tech entrepreneurs “a top priority.”
Here’s more from the report:
In 2009, Fremont began offering five-year tax exemptions to new or existing cleantech companies. Last year, the city slightly changed its policy to also include biotech companies and began giving two-year exemptions to existing businesses, while still providing a five-year exemption to new cleantech and biotech startups, [economic development manager Christina] Briggs said.
City officials said the strategy's goal is to create a community of like-minded tech firms so that entrepreneurs start to perceive Fremont in a more business-friendly light.
San Jose, Anaheim and Santa Ana were the only other three cities that made the top 10 list in the SizeUp.com report.
The report was made as a result of a survey from SizeUp.com that studied startups that were established up to five years ago, according to The Argus.
Read the full report from The Argus here.
Fremont was also named the top third "smartest, sharpest" city in the nation. Read that report here.