Smaller Cities Attracting High Tech

Austin, Texas and Baltimore, Maryland have the right stuff to woo the high-tech industry despite their modest size, says Monique Wassenaar Silverio.

Silverio lists the factors that she says draw technology companies to cities, including a major research institution, venture capital, and at least one major success story:

"Baltimore may be nestled in the shadow of the nation's capital, but it is emerging as a technological tour de force, particularly in the biotech field. 'Baltimore is a great place for a life science company due to the highly educated work force that is heavily skewed toward biotechnology,' says Richard Hughen, vice president of sales, marketing, and business development for CSA Medical, which has been in Baltimore since 2005. The company produces a therapeutic medical device that freezes and kills cancer and pre-cancerous tissue inside the body. Hughen also notes that Baltimore's 'business and political community strongly supports start-up companies.'"

Full Story: Smaller Cities Becoming Hotbeds for High-Tech Growth

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