Pittsburgh is known as the Steel City, but these days, the city is turning to startups rather than steel. Mayor Bill Peduto led this charge since taking office in 2014. He recently spoke at TechCrunch’s City Spotlight: Pittsburgh event, where he outlined the opportunity and challenges for entrepreneurs considering founding and running their companies in Western Pennsylvania.
This is a trend across the United States, as cities once again turn to small businesses, such as tech startups, to reinvigorate and inspire. But, as Peduto points out, there’s a desperate need for more venture capital. The region also struggles to retain and recruit talent, echoed by CMU’s President Farnam Jahanian, who spoke at the same event.
