CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
15 of 100
BACK NEXT
15. Salt Lake City
Population: 184,550
Pro: Spectacular scenery
Con: Less growth than some neighboring cities

Nestled between the Wasatch Mountains in the east and the Oquirrhs in the west, Salt Lake City features 11 world-class ski resorts within an hour of the city. Snow lovers arrive en masse every winter to experience the world-renowned powder.

Entrepreneurs find additional reasons to show up and stay for the longhaul. Businesses with five or fewer employees requiring less than $35,000 instartup capital may apply to Utah's Microenterprise Loan Fund. The county's economic development office offers loans, grants, on-the-job training and free monthly workshops. Salt Lake City is the center of banking and finance for the region, and tourism remains the dominant industry.

While towns to the south, such as Provo, are currently experiencing hotter economic growth, Salt Lake City, the state's capital, offers a more diverse population and additional entertainment amenities, from fine dining to arts and culture. In the summer, skiers make way for hikers, rock climbers and mountain bikers, but the rugged mountains remain the reason for visiting - and sometimes, staying. -Kelsey Abbott

Interactive map: Salt Lake City
Homes for sale Find homes for sale in Salt Lake City


NEXT: 16. Novato, Calif.

Last updated July 02 2008: 11:16 AM ET
More Galleries
Where are they now? Last year, we picked 6 innovative companies with breakthroughs we thought could be the Next Little Thing. Find out how they fared this year - and check out 4 standouts from our choices in years past. More
Next Little Thing 2009 Each year Fortune Small Business celebrates entrepreneurs whose cutting-edge ideas will keep us talking for the next 12 months. Check out this year's crop of flying cars, blimp power and GPS-enhanced cows. More
Why electric cars have stalled Facing technical challenges and a weak market, many of Silicon Valley's electric-car startups are changing direction. More

Special Offer
© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.