One of the oldest cities in the US, Boston gained recognition for its prominent role in the American Revolution. Growing into a major American port city and manufacturing base, Boston is home to many firsts, including the first US public park, the first public school, and the first subway system. Boston’s rich history draws many tourists to her historic sights, premium museums, and recreation venues, making tourism a significant business sector.
The Boston area’s numerous higher education institutions rank it an international higher education center for legal, healthcare, medicine, engineering, and business careers. Considered a world leader in innovation and entrepreneurship, Boston has fostered 2,000 startups. Academia, access to venture capital, and the prominence of many tech companies all contribute to Bean Town’s innovative reputation as a major center for venture capital investments.
Also, a biotechnology hub, the Milken Institute rated Boston as the top life sciences cluster in the country. An important Boston industry, financial services firms, especially those specializing in mutual funds and insurance make this historic city home. As a publishing center, Boston’s Houghton Mifflin Harcourt publishing empire is located in the city, along with Bedford-St. Martin’s Press. General Electric recently relocated its headquarters to Boston who already hosts several major sports and athletic footwear brands like Converse, New Balance, and Reebok. With 40,000 small businesses in Boston, the city offers a variety of support functions and services to help small businesses grow in this historically innovative powerhouse.