Area ranks highly in study of best cities to start a business in

The Tampa Bay region has proven it's a fantastic place to which to move a business. Now a new survey, from WalletHub.com, reveals it’s also one of the best metro areas in the country in which to start a business.

Tampa, the survey shows, ranks No. 5 and St. Petersburg No. 14 among large U.S. cities for a new business launch. The report, according to a statement, is based on 19 criteria across three categories: business environment, access to resources and business costs.