Montana has been named the top state in the nation for business startups, according to a new report by Entrepreneur Media. With 4,800 startups and a high startup opportunity score of 9.55, Montana has shown strong potential for new businesses to thrive. Additionally, the state boasts a 10-year survival rate of 41%, indicating that many of these startups are able to sustain themselves over the long term.
The report also highlights the overall growth of new businesses in the U.S., with over 21 million new business applications filed in the past four years. Following Montana in the top five states for business startups are Oregon, Nevada, Utah, and Florida.
This ranking reflects the positive environment for entrepreneurs and businesses in Montana, as well as the state’s commitment to supporting and fostering new startups. With a supportive business environment and a high success rate among startups, Montana continues to be a leader in promoting economic growth and innovation.
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