These are the best five states to start a business in 2025
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Starting a business from scratch is not for the faint of heart, but some states make it easier than others for founders to find success.
A recent study by Swoop Funding ranked U.S. states based on 11 metrics including Venture Capital (VC) investments, sales tax rates, health insurance costs, and the availability of coworking spaces, and found these are the top states in the country for launching a business:
In an aerial view, the downtown skyline is seen on April 11, 2023 in Austin, Texas. ((Photo by Brandon Bell/Getty Images) / Getty Images)
«Texas is a magnet for entrepreneurs with its zero state income tax, low cost of living, and pro-business regulations,» Swoop Funding CEO Andrea Reynolds told FOX Business. «Austin’s ‘Silicon Hills’ attracts top tech talent, while Houston and Dallas lead in energy, logistics, and fintech. The state’s strong startup support network and universities create an ideal launchpad for growth.»
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Reynolds says Ohio is emerging as an affordable startup hub with strong investments in industries like healthcare, manufacturing, and food tech.
«Programs such as the Ohio Venture Fund and OhioXcelerate provide vital funding and mentorship, supported by top universities and accelerators, creating a diverse and collaborative environment for growth,» she noted.
Charlotte North Carolina downtown aerial view (iStock / iStock)
North Carolina has built a strong startup ecosystem fueled by top research universities and a highly skilled workforce, the Swoop Funding CEO says.
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