Buffalo, New York

This rust belt town, previously thought to be doomed after its manufacturing core disintegrated, is now growing at an impressive pace. Serving as a satellite city for New York City, Toronto and Chicago, many "serial entrepreneurs" are looking to form their teams in more reasonably priced cities, without sacrificing their ability to easily meet in person.Combined with the fact that rent for a two bedroom averages $1,227, and that the city is home to the world's largest business idea competition, 43North, and Buffalo may start seeming like a great place to call home.Add that an impressive amount of funding from both the state's Buffalo Billion initiative and private investors has poured in--with no signs of stopping--and Buffalo may be the perfect spot for your company. Just make sure to bring your coat!
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