Aurora, Colorado is a great place for entrepreneurs to launch their business dreams. With its infrastructure and natural beauty, it provides the perfect environment for businesses to thrive. From outdoor recreation to software development, there are many types of businesses that entrepreneurs in Aurora can start. Additionally, the city has a strong sense of community and support for small business owners, making it an ideal place to begin a business. The Rocky Mountains and deep canyons of Colorado offer a stunning backdrop for outdoor recreation businesses.
Hiking, camping, skiing, and other activities are popular in the area and can be great sources of income for entrepreneurs. Software development is also a great option for those looking to start a business in Aurora. With the rise of technology, software development businesses are in high demand and can be very profitable. Cybersecurity is another area that is growing rapidly and can be a great option for entrepreneurs in Aurora. Agriculture-related businesses are also popular in Aurora.
With its rich soil and temperate climate, it's an ideal place to start a farm or other agricultural business. Education and training businesses are also popular in the area, with 26% of businesses in Aurora being related to education or training. Tourism and hospitality are also big industries in Aurora, with 26% of businesses related to these areas. Aurora is full of resources to help entrepreneurs succeed. Small business owners report that there is a palpable sense that everyone wants them to succeed, even their competitors.
Additionally, networking is incredibly easy due to the strong sense of community in the city. There are also many organizations available to help entrepreneurs move forward with their business ideas. Many entrepreneurs choose to open their business in Aurora because of the diverse population. People from different countries live in Aurora, providing a unique customer base for businesses. Local support is also unparalleled, with city and state governments doing everything they can to help entrepreneurs stand out and stay in Colorado. Banks are still relatively reluctant to grant loans, making it difficult for entrepreneurs to obtain traditional financing through a bank.
However, there are many accelerators, development centers, state programs, and co-working spaces available to help early-stage companies get off the ground. The cost of living in Colorado is rising, making it more expensive to hire and retain employees.