Virginia-based PenFed Foundation has named Madison among the top U.S. cities for veteran entrepreneurs. The report ranked Madison at No. 17, Milwaukee at No. 19, and identified Wisconsin as one of the country’s prime destinations for veteran entrepreneurship. The PenFed Foundation Veteran Entrepreneur Investment Program releases its Top U.S. Cities for Veteran Entrepreneurs report annually. Rankings are determined by compiling data from more than 30 sources for analyzing characteristics of metropolitan statistical areas based on livability, economic growth, support for veterans, and ability to start a business. Madison dropped nine spots compared to 2020’s overall rankings.
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