The West and Southwest continue to lead the way in startup activity, according to the 2015 Kauffman Index.
The annual ranking of entrepreneurship by state and metro showed startup activity on the rise, but still below historic rates. Startup activity increased in 32 states and 18 of the largest metros.
“There’s been an explosion of entrepreneurship programs and events across the country in recent years, and while we don’t fully understand their impact, last year’s rebound in new business creation is a good sign,” said Dane Stangler, vice president of Research and Policy at the Kauffman Foundation. “State and local leaders need to understand how many startups they have in their regions and who’s starting them so they can make decisions on how to build on what they currently have.”
The following metros ranked in the top 10 for startups:
3. San Jose
4. Los Angeles
6. San Francisco
7. New York
9. San Diego
10. San Antonio
Nothing too surprising there.
The following states ranked in the top 10:
3. North Dakota
6. South Dakota
The energy boom and the growth of businesses to support it have put the Dakotas and neighboring states on the map. The worst-performing states are in the Deep South and Midwest.