Annual Entrepreneurship Score Card shows Michigan making excellent progress in growing the small business economy
March 25, 2015
Michael Rogers, vice president communications for the Small Business Association of Michigan, interviews Graham Toft, the author of the eleventh annual Michigan Entrepreneurship Score Card – 2015 Edition.
The Score Card, a project of MiQuest, reports continued positive growth in the state’s entrepreneurial economy. The Entrepreneurial Change Index, which measures the direction and momentum of growth, ranks Michigan 12 out of the 50 states, up from 42 ten years ago. Michigan’s entrepreneurial climate has experienced exceptional gains since 2009, when Michigan ranked among the bottom states for key metrics such as Growth in Establishments Gaining Jobs and Export Growth. Michigan now ranks in the top 10 states for several growth-related metrics, with especially notable improvements in export-related metrics.