Miami has vaulted to the No. 1 spot for starting a small business in the U.S., according to Biz2Credit’s annual rankings of the Top 25 Cities for Small Business Growth released Tuesday.

More than 82,000 small businesses employ 53% of the Miami-Dade County’s workforce, revealed a study commissioned by the Florida Small Business Development Center. It also has a high percentage of microbusinesses, according to the FIU Metropolitan Center.

Read more at CNBC.