10 Best States for Launching Your Startup

loreanto / Shutterstock.com

It takes a special someone to dive into the world of startup businesses. In addition to having a strong vision for your dream company, you’ve got to be willing to take a risk. You’ll almost certainly need some saved capital and a good sense of how to delve into the world of juggling your own finances. And don’t forget the joy of dealing with the taxman.

Still ready to take the plunge? You can launch a startup almost anywhere — just ask Mark Zuckerberg, who legend says built Facebook in his Harvard dorm room. But it’s true that certain states are more friendly to startup businesses. To determine which ones, career website Zippia built an index using data from PricewaterhouseCoopers’ Q2 2018 MoneyTree Report and The Kauffman Index, a leading indicator of U.S. business creation. Zippia ranked states by criteria found in the reports, including the number of deals done to fund startup businesses, deals done per capita and startup funding per capita.

Here are the top 10 startup-friendly states, starting with No. 10. For more good locations for entrepreneurs, check out 25 best U.S. cities to be your own boss.

Read Next
This Online Bank Rated Best for Second Year in a Row
This Online Bank Rated Best for Second Year in a Row

This bank pays interest without charging monthly fees, but there’s a downside.

10 Purchases You Should Not Put on a Credit Card
10 Purchases You Should Not Put on a Credit Card

Credit cards offer many conveniences and protections, but sometimes it’s simply smarter to keep the plastic tucked away.

16 Uses for WD-40 That Save Money, Time or Headaches
16 Uses for WD-40 That Save Money, Time or Headaches

WD-40 is handy in a lot more situations than you likely realize.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.

Trending Stories