The Miami-Fort Lauderdale metro area ranked 36th out of 40 metro areas for growth of so-called scale-ups, or fast-growing companies, according to the 2017 Kauffman Index of Growth Entrepreneurship released Thursday.

"News of the index ranking comes in the same year that Miami ranked No. 1 in the nation in Kauffman’s 2017 Index of Startup Activity, a separate measure of new business creation that was released in May. Some years it ranks No. 2 or 3, but South Florida has always been in the top five of this national ranking for a decade...

The Miami-Fort Lauderdale metro area ranked 36th out of 40 metro areas for growth of so-called scale-ups, or fast-growing companies, according to the 2017 Kauffman Index of Growth Entrepreneurship released Thursday.

"News of the index ranking comes in the same year that Miami ranked No. 1 in the nation in Kauffman’s 2017 Index of Startup Activity, a separate measure of new business creation that was released in May. Some years it ranks No. 2 or 3, but South Florida has always been in the top five of this national ranking for a decade...