Top 10 most entrepreneurial states in America


Thinking about starting a small business? A start-up’s location is crucial to one’s long term success. 

NerdWallet, a personal finance and information service, just released a list of the most entrepreneurial states in America. 

The rankings are determined by information analyzed from the U.S. Census Bureau’s county business patterns and data on Small Business Administration (SBA) loans, including states with the largest SBA loans and the highest growth in number of SBA loans. Percentage of small business growth is also noted.

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Here are the top 10 most entrepreneurial states in America

10. Massachusetts

9. Georgia

8. Washington, D.C.

7. Florida

6. Washington


5. New York

4. Connecticut

3. California

2. Colorado

1. Utah

Click here for more details and the complete rankings list of America’s most entrepreneurial states.

Read more: 14 money mistakes you don’t want to make in your 30s

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