South Dakota has been named America's most entrepreneur-friendly state.
South Dakota has been named America's most entrepreneur-friendly state.
Dec 29, 2014

South Dakota Named Most Entrepreneur Friendly State

South Dakota is the most entrepreneur friendly state in the nation, reports Northern Plains News.

This month, the Small Business & Entrepreneurship Council released its 19th annual "Small Business Policy Index 2014: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship." Find the full report online and attached to this post.
 
The Index ranks the 50 states according to 42 different policy measures, including a wide array of tax, regulatory and government spending measurements.
 
The most entrepreneur-friendly states under the "Small Business Policy Index 2014" are:
  1. South Dakota
  2. Nevada
  3. Texas
  4. Wyoming
  5. Florida
  6. Washington
  7. Alabama
  8. Indiana
  9. Colorado
  10. North Dakota
  11. Ohio
  12. Arizona
  13. Utah
  14. Michigan
  15. Virginia
 
"Top-tier policy states like Texas, Nevada, South Dakota, Florida and Wyoming continue to leverage their long-standing policy advantage and are doing things to get even better," said SBE council president and CEO Karen Kerrigan.

In contrast, according to the Index, the most negative policy environments for entrepreneurs are: 

40. Rhode Island

41. Connecticut

42. Maine

43. Iowa

44. Oregon

45. Vermont

46. Minnesota

47. Hawaii

48. New York

49. New Jersey

50. California

 

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