Georgia Ranks High on The Kauffman Index of Entrepreneurship

Entrepreneur, starting new business, leadership concept.

Entrepreneur, starting new business, leadership concept.

 

ATLANTA, GA– June 3, 2017– The latest edition of The Kauffman Index of Entrepreneurship series is out and Georgia has seen a slight improvement.  The index is an umbrella of annual reports that measure U.S. entrepreneurship across national, state and top 40 metro levels.

Among the 25 “Large” States in the United States, the state of Georgia ranked 8 in Startup Activity, 22 in Main Street Entrepreneurship, and 10 in Growth Entrepreneurship on the Kauffman Index. Compared to itself in the previous year, Georgia’s entrepreneurial community is experiencing a large increase in startup activity, a slight increase in main street entrepreneurship, and a slight increase in growth entrepreneurship.

Atlanta-Sandy Springs-Marietta ranked 12 among the 40 largest U.S. metropolitan areas in Startup Activity, 33 in Main Street Entrepreneurship, and 15 in Growth Entrepreneurship.  Atlanta-Sandy Springs-Marietta’s entrepreneurial community is experiencing a large increase in startup activity, a slight increase in main street entrepreneurship, and a slight increase in growth entrepreneurship since last year.

The Kauffman Index of Startup Activity relies on three indicators to evaluate new business creation: the Rate of New Entrepreneurs in the economy, calculated as the percentage of adults becoming entrepreneurs in a given month; the Opportunity Share of New Entrepreneurs, calculated as the percentage of new entrepreneurs driven primarily by opportunity vs. necessity; Startup Density, the number of new employer businesses divided by the total population of existing employer businesses.

Learn more at: http://www.kauffman.org/kauffman-index

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