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Plano a city located in the state of texas is a hub for business and commerce with a thriving startup scene the citys location just north of dallas provides access to a large metropolitan area and a skilled workforce the history of entrepreneurs in plano dates back to the citys early days as a hub for cotton and grain production today the city is home to numerous companies in various industries including technology finance and retail major corporations such as jc penney fritolay and hp enterprise have their headquarters in plano in terms of technology and innovation plano is known for its strong tech community and its commitment to supporting startups local universities such as the university of texas at dallas and collin college provide a talent pipeline for businesses and foster an entrepreneurial spirit the population of plano is just over 280000 with a diverse and welleducated workforce the city has a low unemployment rate of 35 and a median household income of 93000 the citys economy is strong with a gdp of over 27 billion the rate of new companies starting in plano is on the rise with many businesses attracted to the citys low tax rates and probusiness environment however the high cost of living in the area can be a challenge for some startups and may affect the citys ability to retain young talent overall the startup scene in plano is thriving due to its strong business environment access to capital and talented workforce the citys commitment to supporting startups and its location within the larger dallas metropolitan area make it a prime location for businesses looking to grow and succeed