Shunning traditional hubs like San Francisco and New York, entrepreneurs are taking their laptops and heading to—the beach. Miami Beach, that is. With a skyrocketing number of venture dollars swirling in the air, it seems the breeze is beckoning to tech startups to come and test the waters throughout the Miami area. Venture deals have amounted to $3.5 billion this year across 234 transactions, which is nearly three times more than what was reported in 2020, according to PitchBook data. Miami placed second on Forbes’ 2021 ranking of emerging technology hubs in the U.S., beating out places like Austin, Texas, and coming in just under neighboring Tampa, which took the top spot. Its new tech job listings grew faster than any other major U.S. city during the second quarter of 2021, outpacing other areas like Phoenix and Silicon Valley. An Offer to Help Indeed, from tax incentives to government programs …
Sunny Days for Tech: Startups Drawn to Miami’s Emerging Venture Ecosystem
December 11, 2021
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