Despite the economic woes continuing to plague nearly every state in the nation, Washington is still plugging along as a great place to do business.
The latest State Entrepreneurial Index released yesterday by the University of Nebraska-Lincoln Bureau of Business Research shows Washington ranks 2nd in the nation for entrepreneurship.
The study looks at "a state’s percentage growth and per capita growth in business establishments, its business formation rate, the number of patents per thousand residents and gross receipts of sole proprietorships/partnerships per capita."
This isn't the only recent study touting Washington's start-up and biz-friendly credentials. Other rankings on the list?
- The Kauffman Foundation also ranked Washington 2nd in its 2010 State New Economy Index (link may take a few moments to download)
- The conservative-leaning Tax Foundation ranks our business taxes 11th lowest in the nation
- A CNBC study gave Washington high marks for things like access to capital (placing 5th), technology & innovation (5th) and quality of life (8th).