Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
March 11, 2019 | Tom Ballard

Kauffman Foundation introduces four new indicators for early stage start-up ecosystems

The Kauffman Foundation recently introduced four indicators to better track early stage entrepreneurship at the national, state, and metropolitan levels. They are:

  • Rate of new entrepreneurs: The broadest measure possible for business creation by population;
  • Opportunity share of new entrepreneurs: The percentage of new entrepreneurs who created a business out of choice instead of necessity;
  • Start-up early job creation: The number of jobs created in the first year of business; and
  • Start-up early survival rate: The rate of survival in the first year of business.

How does the Volunteer State rank? We’re below average in two categories – the rate of new entrepreneurs and the number of jobs created in the first year of a new venture – and above average in two – those who started a business by choice (slightly above) and survival rate after one year (in the top quartile). Click here to see the Kauffman data.


Don’t Miss Out on the Southeast’s Latest Entrepreneurial, Business, & Tech News!

Sign-up to get the Teknovation Newsletter in your inbox each morning!

  • This field is for validation purposes and should be left unchanged.


No, thanks!