irvine-seal-2Businessweek named Irvine as the best small city in California to start a business.

In a report entitled “Best Small Cities for Startups“, Irvine joined Auburn, Santa Fe, Cary and Cambridge representing Alabama, New Mexico, North Carolina and Massachusetts, respectively as places where “high-growth companies could thrive”.

The report was, in part, based on a few universal qualities: affordability, availability of a talented labor pool, existence of a thriving business community, and quality of life.

Businessweek asked San Francisco-based GIS Planning, a geographic data provider that helps companies select optimal sites through its Zoom Prospctor website, to identify the best small city to start a business in every state across the country, examining cities with populations between 20,000 and 200,000. The choices took into account 11 factors that shape a city’s entrepreneurial climate, from the education level of the workforce to the amount of venture-capital investment.

What do you think?  Is Irvine the best place to start a business? I think so.  But then again, I live here.