Pollina Corporate Real Estate named Virginia the country’s “Top Pro-Business State” for the second year in a row. The study ranks states based on 31 factors including taxes, human resources, energy costs, infrastructure spending, economic incentive programs and state economic development efforts. And it’s not the only organization touting the Old Dominion.
Forbes Magazine has named Virginia “the best state for business” in each of its last four listings, ranking the commonwealth in six categories: business costs, economic climate, growth prospects, labor, quality of life and regulatory environment.
While these aren’t the only measures in assessing our quality of life, they are certainly important ones, especially as the country works to climb from the economic doldrums.
Is someone in your community interested in starting a business in the state named best for it? Consider the location of a traditional commercial district like one of Virginia’s Main Street Communities. Tap the commonwealth’s many resources like the Department of Business Assistance’s Business One Stop and Entrepreneur Express. And don’t forget the training and technical assistance of the Virginia Enterprise Initiative’s Regional Service Providers.