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Austin, Texas
Austin has become a highly attractive venue for business, based on its:
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- Highly educated work force and growing prominence as a center of advanced education — the U.S. Census Bureau reports that Austin ranks 5th among the most educated cities in the U.S.
- Recognition as the 2nd Best Place to Live in the U.S. by Money magazine (July 2006) for its quality of life and vibrant home for the performing arts.
- Cluster of semi-conductor research and manufacturing firms such as Dell Computers, Motorola, IBM, Advanced Micro Devices and Samsung Electronics.
- Dynamic entrepreneurial spirit and initiative that garnered $603 million in venture capital investments in 2006 — ranked 3rd by the Wall Street Journal in a list of America's Most Innovative Cities — received the 3rd highest number of patents in the U.S. in 2005.
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