High-tech startups are popping up in unexpected cities, reports the Wall Street Journal. Instead of flocking to Boston or the Bay Area, companies are opening up or remaining in Ohio and Michigan. The founder of Proxy Biomedical Peter Gingras, based in Galway, Ireland, turned to Cleveland to open his US-based operations. "The State of Ohio, the City of Cleveland and the Cleveland Clinic stepped up and put a competitive package together. In the end, it was an easy decision," Gingras says.
May 26, 2009