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New State Rankings for Entrepreneurship and Small Business – Montana Ranks 38th

The Small Business & Entrepreneurship Council (SBEC) has released its rankings of the states according to their public policy climates for small business and entrepreneurship in the Small Business Survival Index 2004 (http://www.sbsc.org/Media/pdf/SBSI_2004.pdf).

“What the Small Business Survival Index seeks to expose is whether state and local governments turn out to be a plus or a minus when it comes to entrepreneurial decision-making” says an economist for SBEC.

Several Southern Growth states rank in the top twenty: Mississippi (7), Alabama (8), South Carolina (13) and Virginia (15). Curiously, several of the states noted for their energetic entrepreneurial climate rank low.

For example, California is ranked 50th, just ahead of the District of Columbia. The reason for this is that over half of the indictors in the index are tax related. SBEC is a lobbying and research group headquartered in Washington, D.C.

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SOUTHERN GROWTH POLICIES BOARD is a non-partisan public policy think tank based in Research Triangle Park, North Carolina. Formed by the region’s governors in 1971, Southern Growth Policies Board develops and advances visionary economic development policies by providing a forum for collaboration among a diverse cross-section of the region’s governors, legislators, business and academic leaders and the economic- and community-development sectors. Supported by the governments of 13 Southern states and Puerto Rico, Southern Growth provides its members, and the region, with authoritative research, discussion forums and pilot projects in the areas of technology and innovation, globalization, workforce development, community development, civic engagement and leadership. To learn more about Southern Growth Policies Board, visit http://www.southern.org.

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