#29. Newport
Most of the time when you hear of Newport it’s for one of three things: sailing, the mansions, or the Newport Folk Festival. But this small coastal city is also becoming a hotbed for startups, with 125 SBA loans and more than $13 million granted to their small businesses in the past five years.
Business Growth (2011-2015): 12%
Employment Growth (2011-2015): 7%