Boston is the capital city of the Commonwealth of Massachusetts and is located in North East of United States. It is a historical and one of the oldest city in the country founded in 1630 by settlers from Great Britain. It is home to some of the best educational institutions in the country including Harvard University and MIT. In the earlier days, it was the political hotbed and is known for Boston Tea Party, The battle of Bunker Hill and Siege of Boston.
Upon America’s independence from British Empire, the city of Boston emerged as a major port and manufacturing town. Today it is known as a cultural and educational hub. The city has extended beyond its original peninsula through land reclamation. Because of its rich history, it attracts a major flow of tourists throughout the year. It has a fledgling rail subway system which has the distinction of America’s first. Boston is known as the leading center of innovation all over the world due to its strong base of Hi-Tech industry which has to its many credit worlds-leading innovations. Being a tourist attraction Boston also has one of the highest cost of living in the United States.
What Boston Has to offer as a Start Up Ecosystem
Boston, as a city has the great reputation for entrepreneurship with a vast majority of Start ups from the region, have already gone public. Boston is home to around 4500 active Hi Technology start-ups with the eco system currently valued at $ 46 Billion, second only to Silicon Valley.
The Startups of Boston have not made noises in the international media because most of them cater to Businesses and are science driven. One of the major eCommerce startups from Boston is Wayfair which after its IPO currently commands a valuation of $ 3 Billion.
Interesting Read: Startup Ecosystem: Dublin Has The Edge Over Berlin
The Startups in Boston are focused around Pharma, Life Science, Robotics, and Bio-Technology areas and most of them have the reputation of being world leaders.Bolt, Harvard Innovation Lab, TechStars Boston and Mass Challenge are some of the major startup accelerator guidings and promoting the cause Startups. So entrepreneurs in this area have the support of large numbers of mentor and institutions furthering the cause of Start-Ups.
Another good reason for the emergence of Start Up eco system in Boston is the presence of world-class educational institutions in the proximity. A majority of founders in Boston are pass outs from these educational institutions. The average salary of tech worker in Boston is $ 97,288 per year. Boston has a large migrant population primarily because of it being an educational hub and second because of its startups.
For USA Citizens, Green Card Holders and Canadian Residents there are no work restrictions, for workers from other parts of the world, you would need to apply either an H1B visa or your company can sponsor you on an L1 visa to work in Boston.More than 50 % startups are started by immigrants and 70 % engineers are immigrants in Boston
Boston is well developed and fully functional locale which boasts of one the best facilities in the United States. Be it Shopping, entertainment or clubbing, the city has to offer something for everybody’s taste.
If you are a sports aficionado, then you have many major sporting arenas in Boston
1, Fenway Park
2, Agganis Arena
3, TD Garden
Most of the Hiking Getaways in Boston have a lot of history attached to them, whether its hike to Great Barrington cave which is known as a hanging place for Nathaniel Hawthorne and Herman Melville. If you want to exercise your lungs then peak at Lanesborough is the one for you. Dover offers you a view of Boston’s skyline whereas at Cape Cod National Seashore one can bask in the sun at the beachside.
Travel and Connectivity
Road and air link will connect the city of Boston. There is a fledgling public transportation for the local commute in the form a subway. Boston’s subway systems are one of the oldest in the United States and one need not to have their vehicle for moving around in the city.
River Rafting in Boston
Just 30 miles north of Boston one can enjoy white water rafting at the Concord river which is open only in spring time. Whether it is a fast paced white water rafting or a floating relaxing, the Concord river has to offer something for everybody.
Night Life in Boston
Boston’s nightlife offers a plenty of entertainment options, whether its pubs, night clubs or late-night eateries.In Boston, the nightlife is mainly concentrated in downtown Boston at Lansdowne Street near Kenmore Square. In this city, Hard Rock Cafe is one buzzing place one can not miss. You can get many of the world’s best cocktails in Boston. In last few years, Theater District has seen the emergence of many bars and nightclubs where folks from Boston hang out.
Data Source & Credit: The Global Startup Ecosystem Ranking 2015 by Compass Inc.
This material has been prepared for general informational purposes only and is not intended to be relied upon as professional advice. Please refer to your advisors for specific advice.