Ann Arbor is one of the nation’s most creative cities and Detroit ranks in the top 15% of metro areas in creativity, according to a new report released by “The Rise of the Creative Class” author Richard Florida.
The rankings are based on my detailed analysis of more than 350 U.S. metros areas in my newly released book, The Rise of the Creative Class, Revisited. This 2012 Creativity Index, compiled with the help of my colleague, Kevin Stolarick of the Martin Prosperity Institute, is based on a simple formula, which I call the “3Ts of economic development.” The first T is technology, or the ability to create new ideas and inventions and high-tech companies. We measure it as a combination of innovation and high-tech companies. The second T is talent—the skilled, ambitious, and talented people who generate new ideas and create new companies. We measure it by the share of the workforce in the Creative Class. The third T is tolerance in the nonjudgmental environment that attracts open-minded and new-thinking kinds of people across the board. We measure the share of foreign-born people, gays and lesbians, and level of integration in a community. Boulder, Colo., home of the University of Colorado and impressive numbers of high-tech startups, tops the list, followed by San Francisco and Boston, both of which are notable for high-tech, higher education, and culture. Seattle, home to Amazon, Starbucks, and Cray; San Diego, home of the Salk Institute and countless high-tech and biotech businesses; and the university town of Ann Arbor, Mich., are tied for fourth place.
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Michigan business leaders continue to recognize the importance of college students and recent graduates in the success of our state. And more of them are starting innovative programs in an effort to keep talent here.
The latest program is an internship initiative from Ann Arbor SPARK, an effort started by now-governor Rick Synder to support startup companies. In addition to funding part of the internship, the program also creates networking opportunities for interns so they get to know one another, other young professionals, and the city.
Here’s an excerpt from the article:
Ann Arbor SPARK CEO Paul Krutko believes college students and young professionals can help lead the state’s economic recovery.
That’s why SPARK — a private-public partnership co-founded in 2005 by Gov. Rick Snyder — recently launched a new program to help local start-up companies fund the cost of an internship.
SPARK is financing half the cost of an internship program at 10 start-up companies in the Ann Arbor area.
Krutko told AnnArbor.com in May that it’s critical to make Ann Arbor an “appealing place” — something that will convince college graduates to stay and work in the area.
He said SPARK is supportive of initiatives that work to enhance the area’s quality of life, such as efforts to promote Ann Arbor’s live music scene and opportunities to make more affordable rental housing available near downtown Ann Arbor for young professionals.
“We need to do everything we can to make this an appealing place, so we can capture a great share of people that are graduating from here,” he said.
Doleman added: “The opportunity we have in Ann Arbor is really to expose young talent to what all of Ann Arbor has to offer, in hopes that they will consider choosing Ann Arbor as a destination for job opportunities in the future.”
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Ann Arbor is a hip town that Michigan college students are interested in calling home. In fact, when we asked 3,800+ college students where they would likely to live after college – Ann Arbor was one of the top responses (mentioned the fourth most often).
Now, Ann Arbor is gaining recognition nationally as a top place for new college grads. In an analysis done by renown urbanist Richard Florida (published by The Atlantic Cities), Ann Arbor is ranked eighth in a list of top places for new college graduates.
To capture places that are open to smart 20-somethings, where you can not only build friendships and look for mates but create the personal and professional networks that are so crucial to both career and happiness, we added the share of adults who are college graduates along with the percentage of the population that has never been married. The eight variables we based our rankings on are:
- Unemployment rate, via the Bureau of Labor Statistics (BLS)
- Share of jobs in professional, technical, and creative occupations (BLS)
- Percent of adults with a BA and above, via the American Community Survey (ACS)
- Average salaries and wages for professional, technical, and creative occupations (BLS)
- Rental share of housing (ACS)
- Money left over after paying for housing (ACS)
- Share of adults that have never been married (ACS)
- Share of commuters who use public transit (ACS)
Here’s a link to the full article.