The rate of new starts declined slightly from 0.30 percent of American adults per month starting businesses in 2012 to 0.28 percent in 2013.
Tennessee is neither in the top five nor the bottom five. Our state’s Entrepreneurial Index was .30 percent, reflecting 300 entrepreneurs per 100,000 citizens. That’s just above the average. The top state was Montana at .61 percent, while Iowa was at the bottom of the list at .11 percent.
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