Friday, June 01, 2007

Entrepreneurial America

Each year the Kauffman Foundation ranks states on their entrepreneurial activity. This past year MT was ranked as the most entrepreneurial with 600 entrepreneurs for every 100,000 residents (0.60 percent). The others in the top five were MS (0.52%), GA (0.44%), OK (0.43%) and ME (0.42%). The lowest levels of entrepreneurism were in MI (0.16%), PA (0.17%), SC (0.18%), IL (0.18%) and DE (0.19%).

The states that have experienced the largest percentage increase in entrepreneurism over the past decade we MS, HI, RI and AR. Those with the largest decrease were AK, ND, NM, TN and KS.

Entrepreneurism is the key driver of future economic development in rural America. Those communities, regions and states that have it is a priority are the ones that will thrive.


Anonymous said...

Where is the state of HA? Never heard of it. :)

BoomtownUSA said...

Good catch!!!

Darn spellchecker doesn't catch those.

Thanks for the heads up.

Becky McCray said...

Hurray! Oklahoma! We are so thrilled to be in the top 5 of something!

queenND said...

I am interested in where you obtained the information from the Kauffman group. I am interested in finding out what the criteria was and how the states with a decrease in entrpreneurial growth were rated. If you can help me with this information that would be great!

Thank you.

BoomtownUSA said...

The Kauffman Foundation web site is The 2007 State New Economy Index can be found at

queenND said...

Thank you. This was most helpful.