Virginia has been named the top state in Forbes’ Best States for Business for the second straight year.
Virginia finished in the top ten in four of the six main categories (business and living costs, job and income growth, business climate, educational attainment, venture capital investment, and quality of life) examined by Forbes.
Virginia’s top attributes include an incentive environment that is the fourth-best in the country, according to Pollina Corporate Real Estate, a commercial real estate consulting firm, as well as an unemployment rate that’s the third lowest in the nation.
The remainder of the top five states were Utah, North Carolina, Texas and Washington. This chart lists the full rankings with related data.
Many entrepreneurs I speak with echo the fact that Virginia is a great state for business. It’s nice to see this sentiment qualified by an organization like Forbes. The more publicity the better.