The iLab’s eCities research group at UM-Dearborn, which analyzes the influence of entrepreneurship, economic development, and job growth, released its annual study that recognizes communities that create inviting business environments and encourage entrepreneurial growth and highlights how local governments are supporting and growing the business climate.
Some of the communities that received a five-star designation in Oakland County include Troy, Rochester Hills, and Huntington Woods; Berkley, Pontiac and Madison Heights are a few cities designated as four-star.
“It is a great benefit when residents can access the products and types of businesses within the city limits,” Berkley City Manager Matt Baumgarten said in a release. “We will continue to work toward maintaining a positive environment that fosters creativity and sustainability for Berkley’s entrepreneurs and all businesses to thrive in.”
According to eCities, the projected entailed researchers at iLabs, University of Michigan-Dearborn’s Center for Innovation Research in the College of Business collecting data on 277 communities and their development. Then a panel with backgrounds in entrepreneurship, development, and government selected the ones to be recognized as the top communities.