Maine
Metric
Value
Rank
Total Score
49.5
#45
Business Environment
24.1
#49
Cost of Doing Business
18.5
#30
Funding & Resource Availability
7.0
#47
As the United States emerges from the shadows of the COVID-19 pandemic, entrepreneurship is back in the spotlight. With a burgeoning economy and the advent of new opportunities, many are contemplating taking the plunge into the world of business ownership. However, the success of a startup hinges significantly on its geographical location. The question innately arises - which states provide the optimal environment for nurturing a new business? The 'Business Friendliness Index Score' is a comprehensive score determined by comparing the 50 US states across three key dimensions: 1) Business Environment, 2) Access to Resources, and 3) Business Costs, using 25 relevant metrics.
Metric
Value
Rank
Total Score
55.5
#30
Business Environment
26.0
#39
Cost of Doing Business
19.7
#23
Funding & Resource Availability
9.8
#22
Metric
Value
Rank
Total Score
50.2
#43
Business Environment
25.1
#44
Cost of Doing Business
17.6
#36
Funding & Resource Availability
7.6
#43
Metric
Value
Rank
Total Score
60.5
#13
Business Environment
29.0
#23
Cost of Doing Business
21.2
#13
Funding & Resource Availability
10.4
#18
Metric
Value
Rank
Total Score
53.9
#38
Business Environment
24.8
#45
Cost of Doing Business
19.9
#22
Funding & Resource Availability
9.1
#29
Metric
Value
Rank
Total Score
57.8
#25
Business Environment
35.6
#2
Cost of Doing Business
10.9
#49
Funding & Resource Availability
11.3
#10
Metric
Value
Rank
Total Score
61.3
#9
Business Environment
32.2
#7
Cost of Doing Business
17.6
#35
Funding & Resource Availability
11.5
#8
Metric
Value
Rank
Total Score
48.3
#48
Business Environment
27.2
#33
Cost of Doing Business
13.5
#47
Funding & Resource Availability
7.6
#44
Metric
Value
Rank
Total Score
55.5
#31
Business Environment
28.0
#30
Cost of Doing Business
16.0
#40
Funding & Resource Availability
11.5
#9
Metric
Value
Rank
Total Score
65.7
#2
Business Environment
33.9
#4
Cost of Doing Business
18.1
#31
Funding & Resource Availability
13.7
#2
Metric
Value
Rank
Total Score
62.8
#7
Business Environment
29.6
#16
Cost of Doing Business
20.3
#19
Funding & Resource Availability
13.0
#3
Metric
Value
Rank
Total Score
46.5
#49
Business Environment
26.1
#38
Cost of Doing Business
14.0
#44
Funding & Resource Availability
6.4
#49
Metric
Value
Rank
Total Score
60.5
#14
Business Environment
30.8
#10
Cost of Doing Business
20.3
#20
Funding & Resource Availability
9.5
#24
Metric
Value
Rank
Total Score
52.6
#40
Business Environment
30.0
#11
Cost of Doing Business
14.1
#43
Funding & Resource Availability
8.5
#36
Metric
Value
Rank
Total Score
61.0
#10
Business Environment
28.3
#27
Cost of Doing Business
21.0
#14
Funding & Resource Availability
11.7
#6
Metric
Value
Rank
Total Score
57.4
#26
Business Environment
26.5
#37
Cost of Doing Business
22.3
#8
Funding & Resource Availability
8.5
#35
Metric
Value
Rank
Total Score
54.4
#35
Business Environment
24.5
#48
Cost of Doing Business
18.6
#29
Funding & Resource Availability
11.2
#12
Metric
Value
Rank
Total Score
58.8
#23
Business Environment
28.4
#25
Cost of Doing Business
21.9
#10
Funding & Resource Availability
8.5
#34
Metric
Value
Rank
Total Score
56.9
#29
Business Environment
28.4
#26
Cost of Doing Business
20.4
#18
Funding & Resource Availability
8.0
#40
Metric
Value
Rank
Total Score
49.5
#45
Business Environment
24.1
#49
Cost of Doing Business
18.5
#30
Funding & Resource Availability
7.0
#47
Metric
Value
Rank
Total Score
49.5
#44
Business Environment
25.7
#41
Cost of Doing Business
15.0
#42
Funding & Resource Availability
8.8
#33
Metric
Value
Rank
Total Score
55.1
#33
Business Environment
31.9
#8
Cost of Doing Business
10.4
#50
Funding & Resource Availability
12.8
#4
Metric
Value
Rank
Total Score
59.4
#20
Business Environment
29.4
#18
Cost of Doing Business
20.6
#17
Funding & Resource Availability
9.4
#26
Metric
Value
Rank
Total Score
56.9
#27
Business Environment
29.9
#12
Cost of Doing Business
17.8
#33
Funding & Resource Availability
9.2
#28
Metric
Value
Rank
Total Score
60.5
#15
Business Environment
28.3
#28
Cost of Doing Business
22.3
#7
Funding & Resource Availability
9.9
#21
Metric
Value
Rank
Total Score
59.1
#22
Business Environment
25.1
#42
Cost of Doing Business
23.1
#4
Funding & Resource Availability
10.8
#16
Metric
Value
Rank
Total Score
55.1
#34
Business Environment
29.9
#13
Cost of Doing Business
17.3
#37
Funding & Resource Availability
7.9
#42
Metric
Value
Rank
Total Score
56.9
#28
Business Environment
25.7
#40
Cost of Doing Business
20.9
#16
Funding & Resource Availability
10.3
#19
Metric
Value
Rank
Total Score
60.6
#11
Business Environment
29.2
#20
Cost of Doing Business
23.2
#2
Funding & Resource Availability
8.2
#39
Metric
Value
Rank
Total Score
48.7
#47
Business Environment
26.7
#36
Cost of Doing Business
13.6
#45
Funding & Resource Availability
8.4
#38
Metric
Value
Rank
Total Score
51.0
#42
Business Environment
29.0
#24
Cost of Doing Business
13.5
#46
Funding & Resource Availability
8.5
#37
Metric
Value
Rank
Total Score
64.0
#3
Business Environment
33.7
#5
Cost of Doing Business
23.1
#3
Funding & Resource Availability
7.2
#45
Metric
Value
Rank
Total Score
51.4
#41
Business Environment
28.2
#29
Cost of Doing Business
12.5
#48
Funding & Resource Availability
10.7
#17
Metric
Value
Rank
Total Score
63.3
#5
Business Environment
30.9
#9
Cost of Doing Business
22.7
#6
Funding & Resource Availability
9.7
#23
Metric
Value
Rank
Total Score
55.3
#32
Business Environment
24.7
#47
Cost of Doing Business
19.6
#24
Funding & Resource Availability
11.1
#14
Metric
Value
Rank
Total Score
61.7
#8
Business Environment
27.6
#31
Cost of Doing Business
24.0
#1
Funding & Resource Availability
10.2
#20
Metric
Value
Rank
Total Score
59.8
#18
Business Environment
29.6
#17
Cost of Doing Business
21.0
#15
Funding & Resource Availability
9.3
#27
Metric
Value
Rank
Total Score
63.9
#4
Business Environment
38.0
#1
Cost of Doing Business
18.8
#28
Funding & Resource Availability
7.1
#46
Metric
Value
Rank
Total Score
54.2
#36
Business Environment
29.3
#19
Cost of Doing Business
16.0
#41
Funding & Resource Availability
8.8
#32
Metric
Value
Rank
Total Score
43.3
#50
Business Environment
20.3
#50
Cost of Doing Business
16.3
#38
Funding & Resource Availability
6.6
#48
Metric
Value
Rank
Total Score
59.8
#19
Business Environment
27.0
#34
Cost of Doing Business
21.8
#11
Funding & Resource Availability
11.0
#15
Metric
Value
Rank
Total Score
59.9
#17
Business Environment
26.7
#35
Cost of Doing Business
22.2
#9
Funding & Resource Availability
11.1
#13
Metric
Value
Rank
Total Score
58.4
#24
Business Environment
29.2
#21
Cost of Doing Business
18.1
#32
Funding & Resource Availability
11.2
#11
Metric
Value
Rank
Total Score
70.2
#1
Business Environment
33.1
#6
Cost of Doing Business
23.0
#5
Funding & Resource Availability
14.1
#1
Metric
Value
Rank
Total Score
59.1
#21
Business Environment
29.7
#15
Cost of Doing Business
17.7
#34
Funding & Resource Availability
11.7
#7
Metric
Value
Rank
Total Score
48.8
#46
Business Environment
24.8
#46
Cost of Doing Business
16.1
#39
Funding & Resource Availability
8.0
#41
Metric
Value
Rank
Total Score
60.5
#12
Business Environment
29.0
#22
Cost of Doing Business
19.0
#27
Funding & Resource Availability
12.5
#5
Metric
Value
Rank
Total Score
60.1
#16
Business Environment
29.7
#14
Cost of Doing Business
21.7
#12
Funding & Resource Availability
8.8
#31
Metric
Value
Rank
Total Score
53.1
#39
Business Environment
27.3
#32
Cost of Doing Business
19.5
#26
Funding & Resource Availability
6.3
#50
Metric
Value
Rank
Total Score
54.0
#37
Business Environment
25.1
#43
Cost of Doing Business
19.5
#25
Funding & Resource Availability
9.5
#25
Metric
Value
Rank
Total Score
63.0
#6
Business Environment
34.1
#3
Cost of Doing Business
20.0
#21
Funding & Resource Availability
8.8
#30
Region ↕ | Total Score ↕ | Business Environment ↕ | Cost of Doing Business ↕ | Funding & Resource Availability ↕ |
---|---|---|---|---|
Alabama | 55.5 | 26.0 | 19.7 | 9.8 |
Alaska | 50.2 | 25.1 | 17.6 | 7.6 |
Arizona | 60.5 | 29.0 | 21.2 | 10.4 |
Arkansas | 53.9 | 24.8 | 19.9 | 9.1 |
California | 57.8 | 35.6 | 10.9 | 11.3 |
Colorado | 61.3 | 32.2 | 17.6 | 11.5 |
Connecticut | 48.3 | 27.2 | 13.5 | 7.6 |
Delaware | 55.5 | 28.0 | 16.0 | 11.5 |
Florida | 65.7 | 33.9 | 18.1 | 13.7 |
Georgia | 62.8 | 29.6 | 20.3 | 13.0 |
Hawaii | 46.5 | 26.1 | 14.0 | 6.4 |
Idaho | 60.5 | 30.8 | 20.3 | 9.5 |
Illinois | 52.6 | 30.0 | 14.1 | 8.5 |
Indiana | 61.0 | 28.3 | 21.0 | 11.7 |
Iowa | 57.4 | 26.5 | 22.3 | 8.5 |
Kansas | 54.4 | 24.5 | 18.6 | 11.2 |
Kentucky | 58.8 | 28.4 | 21.9 | 8.5 |
Louisiana | 56.9 | 28.4 | 20.4 | 8.0 |
Maine | 49.5 | 24.1 | 18.5 | 7.0 |
Maryland | 49.5 | 25.7 | 15.0 | 8.8 |
Massachusetts | 55.1 | 31.9 | 10.4 | 12.8 |
Michigan | 59.4 | 29.4 | 20.6 | 9.4 |
Minnesota | 56.9 | 29.9 | 17.8 | 9.2 |
Mississippi | 60.5 | 28.3 | 22.3 | 9.9 |
Missouri | 59.1 | 25.1 | 23.1 | 10.8 |
Montana | 55.1 | 29.9 | 17.3 | 7.9 |
Nebraska | 56.9 | 25.7 | 20.9 | 10.3 |
Nevada | 60.6 | 29.2 | 23.2 | 8.2 |
New Hampshire | 48.7 | 26.7 | 13.6 | 8.4 |
New Jersey | 51.0 | 29.0 | 13.5 | 8.5 |
New Mexico | 64.0 | 33.7 | 23.1 | 7.2 |
New York | 51.4 | 28.2 | 12.5 | 10.7 |
North Carolina | 63.3 | 30.9 | 22.7 | 9.7 |
North Dakota | 55.3 | 24.7 | 19.6 | 11.1 |
Ohio | 61.7 | 27.6 | 24.0 | 10.2 |
Oklahoma | 59.8 | 29.6 | 21.0 | 9.3 |
Oregon | 63.9 | 38.0 | 18.8 | 7.1 |
Pennsylvania | 54.2 | 29.3 | 16.0 | 8.8 |
Rhode Island | 43.3 | 20.3 | 16.3 | 6.6 |
South Carolina | 59.8 | 27.0 | 21.8 | 11.0 |
South Dakota | 59.9 | 26.7 | 22.2 | 11.1 |
Tennessee | 58.4 | 29.2 | 18.1 | 11.2 |
Texas | 70.2 | 33.1 | 23.0 | 14.1 |
Utah | 59.1 | 29.7 | 17.7 | 11.7 |
Vermont | 48.8 | 24.8 | 16.1 | 8.0 |
Virginia | 60.5 | 29.0 | 19.0 | 12.5 |
Washington | 60.1 | 29.7 | 21.7 | 8.8 |
West Virginia | 53.1 | 27.3 | 19.5 | 6.3 |
Wisconsin | 54.0 | 25.1 | 19.5 | 9.5 |
Wyoming | 63.0 | 34.1 | 20.0 | 8.8 |