Grand Junction is included among 100 United States cities dubbed “hidden gems” for business startups.

Grand Junction ranked 12th based on the results of a survey conducted by MarketBeat.com, on online platform with real-time financial data, market analysis and news. Loveland ranked 39th.

MarketBeat.com conducted an online survey among 3,000 business executives to identify cities they considered hidden gems for launching ventures.

“As the startup landscape evolves, it’s essential for entrepreneurs to consider diverse locations that offer unique advantages,” said Matt Paulson, founder and chief executive officer of MarketBeat.com. “Our survey highlights cities that not only provide cost-effective solutions, but also foster supportive environments for innovation and growth. These hidden gems are proving that you don’t need to be in a traditional startup hub to achieve success.”

Grand Junction was praised as an emerging hub for startups in the outdoor recreation and health care sectors. The survey also cited the Business Incubator Center in Grand Junction for its support of entrepreneurs with coaching, funding and low-cost shared space.

In addition, Grand Junction was lauded for its natural surroundings and comparatively lower cost of living.

Sebring, Fla., ranked first in the survey results for offering a supportive ecosystem for entrepreneurs, including startups in the tourism and manufacturing sectors. Flagstaff, Ariz., came in second, followed by Monroe, La., in third, Scranton, Pa., in fourth and Round Rock, Texas, in fifth.

The top 10 cities also included San Luis Obispo, Calif.; Akron, Ohio; Anderson, S.C.; San Angelo, Texas; and Florence, S.C..