Monday, May 24, 2010

Idaho Ranks High in Entrepreneurial Activity in 2009

Idaho was one of the nation’s leaders in entrepreneurial activity in 2009, according to a national study by a Kansas City, Mo., nonprofit.  According to the Kauffman Index of Entrepreneurial Activity, startup businesses blossomed during the recession years of 2007 to 2009. Nationally, business startups reached their highest level in 14 years, according to a press release from the Ewing Marion Kauffman Foundation, a private, nonpartisan fund that promotes entrepreneurship.

“Challenging economic times can serve as a motivational boost to individuals who have been laid off to become their own employers and future job creators,” said Carl Schramm, president and CEO of the Kauffman Foundation, which released the study May 24.

Read the full article in the Idaho Business Review here.

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