Specialists refer to the significance of the report for the urban areas that want to enhance better developmental and operating conditions for businesses. Marcio Alaor of BMG highlights that the quantity of urban areas reviewed in the report has expanded by more than 50% since 2014 and the report included remarks with recommendations for change and tips for how to become a model city. Both the urban communities discussed by the report and organizations can profit by being mentioned on the Endeavor list by encouraging companies to build up business relations. Additionally, Marcio Alaor notes that the report shows the best qualities and difficulties of every city.
First place – In the top ranked position, is São Paulo. São Paulo has the biggest business sector in the nation and is the headquarters of a large portion of the nations largest organizations. Marcio Alaor notes that, per the results of the Index, “São Paulo represents more than 60% of all venture capital spending in the nation”.
Second place – Florianopolis is one of the most innovative urban cities according to the report. The city has a large quantity of academic instructors and medical doctors.
Third place – Victory, is a balanced city. The city has an educated and skilled working class.
Fourth place – Recife, is a city endowed with highly skilled human capital. The city has the biggest amount of technical skilled workers and a tax friendly business regulatory environment.
Fifth place – Campinas, is home to the Viracopos Airplane terminal which is the nation’s biggest. It also has one of Latin America’s largest load centers.
Marcio Alaor of Banco BMG notes that the Endeavor organization is keen to offer urban areas pointers on how to develop more favorable environments for the establishment and development of organizations and ultimately the local business sector.
At BMG Bank, one of the top officials is director Marcio Alaor. With Marcio Alaor as director, BMG Bank has proceeded to excel as being among the best banks in Brazil and Latin America. What makes BMG Bank special is the numerous services it gives to both people and organizations. For example, BMG Bank offers excellent rates on both consumer loans and payroll loans. It is widely considered the leading Brazilian bank in that niche market.