Wisconsin has again been ranked at the bottom of the pile for startups in the Kauffman Index of Startup Activity Report.
The report evenly splits the 50 states into “Large” and “Small” categories, ranking each list 1-25. Kauffman Foundation researcher Inara Tareque says that is done because “it’s not quite fair to compare a smaller state like Vermont to a larger state like California.”
Wisconsin falls into the former category, and was ranked dead last for startup activity in 2016 — the same ranking it received the year before.
Tareque says this low ranking can be largely attributed to the comparatively low number of new entrepreneurs, which is less than half that of California.
“That’s really taking a toll on Wisconsin’s startup activity for this ranking,” she told WisBusiness.com.
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