Thursday, June 26, 2014

Kentucky small business support most improved

The state says a survey of small businesses across the country shows Kentucky has made the most improvement in supporting entrepreneurs.

Gov. Steve Beshear's office said in a news release that surveyed more than 12,000 small businesses across the U.S. asking about the friendliness of states and cities toward small business.

Kentucky scored an A rating in the survey by, in conjunction with the Kauffman Foundation. The state scored a B-minus last year, and Beshear's office says that means Kentucky was the most improved state in the survey.

Beshear's office says the Kauffman Foundation also ranks Kentucky fifth for entrepreneurial activity during the last two years and that the most recent data from the U.S. Bureau of Labor Statistics shows Kentucky ranking first in percentage growth of new business establishments.