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There's really no business like small business write most of America works for small companies and in Austin, Texas they take big pride.
And being weird and being good sitting is named the number one city for small business for the next decade by -- -- magazine.
Joining us now is -- -- well he is the mayor of Austin, Texas.
Their first off.
Congratulations -- the first list that you guys -- top like this how are you doing it.
Thank you brand new actually we have a very long list.
This Kipling or Ward Just came out in this month's issue.
Of course we're very proud of that but several months ago portfolio Doug comes a group we're the best city in America for small business.
So what do you do a lot of American cities are struggling what advice would you give.
Other struggling small towns about how to replicate the Austin model.
Well I think it all -- to their quality of life we have.
A strong sense of community we have a lot of community events.
Want to mention just a couple.
Austin city limits festival in SXSW.
Which are awesome base of that straw about a 150000.
People plus every year.
We're in talks right now to bring Formula One to Austin.
Hopefully in 2012.
That's not set yet but we're working on it.
And we or city of small businesses 90% of the businesses and Austin.
Have fewer than ten employees.
In 75% of our employees work for companies with a -- 100 people which is there.
Pretty accepted definition for small business.
But in addition of that where we have a pretty solid base economic base.
So we're home to the fourth largest university in the country -- home the second largest state government.
In the country with 65000.
Employees so having that to Canada act as an -- for your economy is a good thing.
We also have a strong.
Technology based switches started at least a decade ago.
We have Samsung has a chip manufacturing plant here that is the largest in the western.
-- -- -- got a couple hundred employees say that are starting there from FaceBook California based company you mentioned technology there.
And I actually did something yeah months ago where the cost of the U haul from California to Austin is a lot more expensive than the other way because so many people are moving to Austin.
You know if you -- because that they did that no state income taxes I mean what economically also makes it so much better and your -- -- taken people from.
Obviously Texas is a good state for business and and we have economic agreements with the state of Texas with these companies that we try to bring Dawson FaceBook is one.
Another that recently I came from California's legal limits.
On -- based legal documents company.
They're here but were also talking the companies and in other business in medical technology.
Hanger orthopedic recently came here with 400 jobs -- Bethesda -- -- It very quickly F one you said maybe not done yet you think it's going to happen -- I believe it's gonna happen.
-- Austin has been officially selected.
And of course we've got to build a venue the city is not gonna do that it's all going to be done privately.
But a lot to do but I am very optimistic about it as a race fan I hope you guys get it done barely -- well of Austin, Texas.
Thank you very much sir for joining us.
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