eCities Recognize Berkley for Developing Entrepreneurial Climate
The City of Berkley has been recognized for its successes and efforts in contributing to Michigan’s entrepreneurial growth and economic development in the annual eCities study conducted by researchers at iLabs, University of Michigan-Dearborn’s Center for Innovation Research. Berkley was honored as a four star community along with 183 other communities across the state.
The eCities study analyzed publicly available data from 277 communities from 54 counties in Michigan. Researchers focused on the five-year changes in property values, community assets and tax rates, which can demonstrate the growth, investments and cost of doing business within the community. For example, over the five-year period, these communities increased their capital assets by an average of 2 percent per year by purchasing public safety equipment and improving sidewalks and other infrastructure.
“It is a great benefit when residents can access the products and types of businesses within the city limits “ said Matt Baumgarten, Berkley City Manager. 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.”
Click the links below for more information about eCities and a list of the four star cities.