Las Vegas, St. George rank high in business study

Thursday, July 12, 2001 | 10:40 a.m.

Las Vegas ranks second in the nation among cities its size in growth of entrepreneurial companies, said a report issued Wednesday by the National Commission on Entrepreneurship (NCOE).

Austin, Texas, topped the list in the same category -- cities with a population between 750,000 and 1 million.

NCOE is a think tank educating policymakers about the nature of entrepreneurs.

The study ranked St. George, Utah -- a city north of Las Vegas near the junction of Arizona, Utah and Nevada -- second among cities with a population between 150,000 and 300,000. Provo, Utah, ranked first.

The report called "High-Growth Companies: Mapping America's Entrepreneurial Landscape," used data from the U.S. Census Bureau to track the development of high-growth companies, those with 15 percent employment growth or 100 percent growth over five years.

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