Montana’s Entrepreneurial Zeal

According to the 2015 Kauffman Index, Montana ranks as the state with the highest level of startup activity–the third straight year it has topped the rankings. However, how sustainable is its recent entrepreneurial success?

The Treasure State-its official nickname, although lesser known than Big Sky Country-is not new to tech startups. It is home to Schedulicity https://www.schedulicity.com/ , an app for finding and booking local services; Wisetail http://www.wisetail.com/ , a social media e-learning platform; and TechRanch (oops…) , an advisory organization that helps tech startups get off the ground.

It has enjoyed high rates of economic growth and a development frenzy that has driven real estate prices up. Most impressive was the fact that in the 2015 Kauffman Index, Montana’s rate of new entrepreneurs was 0.54 percent – meaning 540 entrepreneurs per month for every 100,000 adults – nearly twice the national average. A further look at the other facts the Index took into account reveals the following:

By Jonathan Ortmans

Full Story: http://www.kauffman.org/blogs/policy-dialogue/2015/august/montanas-entrepreneurial-zeal?utm_source=newsletter&utm_medium=email&utm_campaign=pde2015-08-24

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Many thanks to Dan Ripke Director
Northeastern California SBDC and
Center for Economic Development
California State University, Chico for sharing.

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To learn how you could be here growing your company and enjoying the Big Sky life, please visit The Governor’s Office of Economic Development. http://business.mt.gov/