Missoulian: Report finds Montana is top state for entrepreneurial activity

For the third year in a row, Montana has been named the top state in the country for entrepreneurial activity by the Kauffman Foundation’s Index of Startup Activity.

According to the report, there are 540 new entrepreneurs for every 100,000 adults in a given month in Montana, up from 490 last year.

Montana significantly outpaced the national average of 310. The state’s density of startup firms per 100,000 residents was up to 195.7 this year, from 184.7 last year.