Tech is indeed the future, so it’s no wonder that the industry’s growth is expanding all across the country. While Silicon Valley is still the heart of all things tech, insiders know that the most exciting developments are happening in other cities.
In particular, Miami has emerged as one of the fastest-growing tech hubs within the country. The South Florida Business Journal reports that in its mission to fund Miami’s growing tech presence, the John S. and James L. Knight Foundation has invested $1 million to connect startups to angel investors. This story is representative of the city’s push to becoming one of the country’s premier tech hubs.
A strong collaborative spirit
The recent news of the John S. and James L. Knight Foundation speaks to the strong sense of collaboration among startups, but many argue that this strong sense of community was ingrained into the city a long time ago. Forbes credits Miami’s reputation as an immigrant city as part of its huge pull; as immigrant cities have “ties through diasporas to other parts of the world,” it’s only natural that these connections create the very backbone that facilitates startups to thrive.
The city’s strong Latin American ties also make it a huge opportunity for entrepreneurs, particularly those in the neighboring South American countries. In a world where consumers crave the story behind every company, Miami’s close-knit immigrant society means more people are able to relate to the companies that come out of this culture — perhaps even on a deeper level than the high-octane, often-stereotyped companies that come out of Silicon Valley and San Francisco.
The exciting pull of Miami’s vibrant culture
Owing to its eclectic mix of immigrants and the almost perpetually sunny climate, it’s no wonder that the city’s young culture is a big draw for many budding entrepreneurs. This is why Industrious’ coworking network spans three locations across Miami, allowing workers to make the most out of this infectious energy all the way from Paseo de la Riviera to Aventura. Although Miami is becoming a startup hub, it’s also home to Fortune 500 companies — this means there are ample opportunities for both newly minted entrepreneurs and established businesses looking to dive into new ventures.
It’s not just the startup culture that’s infectious either. Miami is also home to some of the most exciting sports scenes in the country, with city governments shelling out lots of money to create spectacular sporting events. The music scene is also bustling, while young, creative chefs are looking to mold Miami into a foodie destination in its own right. With the focus now on work-life balance across all industries, Miami remains a top destination for entrepreneurs who want to both work hard and play hard.
Here at Nside Magazine we know that the most exciting business innovations don’t exist in a vacuum. Today’s ever-changing digital landscape has paved the way for cities all across the country to shine in their own right, proving that innovation is truly for everyone.