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News Apr 11, 2017 - 8:16:06 AM

Stamford Ranks in Top 10 in Financial Times’ “American Cities of the Future”

By Stamford Mayor David Martin's office

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STAMFORD, CT – Stamford Mayor David Martin and Economic Development Director Thomas Madden on Monday announced that Stamford has been ranked in the Top 10 in this year’s Financial Times’ fDi “American Cities of the Future 2017/2018” report. Stamford was one of over 200 “small” cities, with populations between 100,000 and 350,000, analyzed by the Financial Times’ Foreign Direct Investment (fDi) Intelligence for their report.

“We continue to work hard to make Stamford attractive for businesses of all sizes, whether we are helping companies expand within Stamford or bringing new corporate partners here for the first time,” said Mayor Martin. “While we are happy to see this work recognized by the Financial Times, there is still more to do.”

To create their 2017/2018 rankings, fDi looked at five categories: economic potential, business friendliness, human capital and lifestyle, cost-effectiveness, and connectivity.

Out of small 209 cities reviewed, Stamford ranked seventh overall, ninth in economic potential, and second for connectivity. Stamford received the best ranking for a “small” city in New England, with Boston, MA ranking sixth overall for a “major” city.

Added Mr. Madden, “I am proud that Stamford ranked #2 for connectivity and #7 overall for small cities of the future in the report. The recent announcements of Henkel, Octagon Sports, and Partners Reinsurance moving to Stamford reinforce the rankings and represent the continued commitment to improve Stamford as a business ready and business-friendly city on national level. As Stamford moves forward with its Innovation District, I hope to see the city continue to move up in the rankings.”

“Small cities can provide the right mix of opportunity, infrastructure and accessibility for businesses to grow and adapt to disruptive markets. Stamford has succeeded in becoming a magnate for industry innovation and it’s great to see this recognition,” said Jackie Lightfield, Executive Director of the Stamford Partnership.

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