2 months ago
States for illustration Florida and Texas person seen an economical roar and a organization surge arsenic droves of Americans fled bluish states pursuing nan COVID pandemic.
The exodus is now extending into nan battleground states.
Thousands person flocked to Georgia owed to its affordability, occupation readiness and tax-friendly policies. As a result, cities for illustration Atlanta are making caller names for themselves arsenic tech and startup basking spots.
"[Atlanta is] sometimes referred to [as] nan Silicon Valley of nan South. Not intentionally, but that's a awesome comparison," Dr. Noze Best CEO Christy Brown told FOX Business' Madison Alworth.
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Atlanta has go a breeding crushed for billion-dollar startups owed to nan business-friendly taxation structure and debased levels of authorities regulation.
One CEO said moreover though Georgia is simply a purple state, leaders and nan organization are "aligned" successful their extremity to support a business-friendly atmosphere.
"Literally, whether it's bluish aliases red, because intelligibly we're successful a purple state, doesn't matter. Everyone's aligned that business is what helps thrust safer communities," Flock Safety founding CEO Garrett Langley told Alworth.
Georgia is seeing a roar successful its tech and intermezo manufacture arsenic nan bluish authorities exodus drives consumers and owners to business-friendly cities for illustration Atlanta. (iStock / iStock)
The attraction connected Atlanta extends beyond startups and entrepreneurs. Tech giants including Google, Microsoft and Apple are each opening offices successful nan Peach State's superior city.
Venture Atlanta, 1 of nan largest task superior conferences successful nan U.S., has helped beforehand and support Georgia's surge successful startups.
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"Really, nan authorities of Georgia is very pro-business. We want to spot companies turn here. We want to build here," Venture Atlanta CEO Allyson Eman said.
Venture Atlanta has had astir $15 cardinal successful successful exits for their startups and has worked to build retired nan infrastructure for businesses to thrive.
Beyond tech, nan movie manufacture has besides shifted from Hollywood to nan Peach State. The movie manufacture spent complete $4 cardinal successful 2023 successful Georgia, according to nan Georgia Department of Economic Development.
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