Top Ten Entrepeneur Friendly States

Jimmy Gardner December 12, 2009 Tweet

Mount Rushmore in South Dakota by jamiedfw

As many of you are well aware, TECH cocktail is all about amplifying the local technology communities around the country. So far we have worked in cities like DC, Boulder, Chicago, Boston, etc and we are looking to visit more in the near future. That being said, I read a report the other day of study results put out by Small Business and Entrepreneurship Council showing its list of most entrepreneur friendly states.

According to the press release

The “Small Business Survival Index” is the most comprehensive measure of which states are truly friendly to small business, and which are not in terms of public policy decisions. The factors included in the Index – taxes, various regulatory costs, government spending, property rights, health care and energy costs, and much more – matter a great deal to the competitiveness of each state and to the well being of small business.
The 2009 Index has been expanded to cover 36 major government-imposed or government-related costs affecting small businesses and entrepreneurs. The measures are added together for an overall rating. The report is available at www.sbecouncil.org. (Look for the Index icon on the right side of the website’s front page.)

With that being said, here is the list of top ten states

South Dakota
Nevada
Texas
Wyoming
Washington
Florida
South Carolina
Colorado
Alabama
Virginia

and the worst …

42) Hawaii, 43) Minnesota, 44) Massachusetts, 45) Rhode Island, 46) Maine, 47) Vermont, 48) New York, 49) California, 50) New Jersey and 51) District of Columbia

Wow DC is last! How about all of you, what states are you in and how have you found the climate in your states?