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Wisconsin ranks among best states for start-up businesses

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Eau Claire (WQOW) - The odds a start-up business has at staying afloat are better in Wisconsin than in other states.

That's according to an analysis done by the chief economist for the Wisconsin Department of Revenue.

Wisconsin ranks in the top third in the country when it comes to private establishment growth in the last decade as well as net business creation.

In Eau Claire, the city makes it easy for businesses to get up and going with a wide variety of loans, grants and programs available.

City officials said start-ups are essential for the city's economic foundation.

"Statistics have shown that 70 to 75 percent of all new jobs are created by businesses in the community," Aaron White, the economic development manager for the city, said. "They have more longevity and cumulatively, it's easier to help provide assistance to a number of small start-ups, it's more cost-effective than trying to incentives one big project to land."

White said that Eau Claire is incredibly lucrative due to an abundance of resources, great locations and a welcoming community.

McKenna Alexander

McKenna Alexander is the weekend anchor and a multimedia journalist for News 18. She started in June 2019. She was born in San Francisco, but spent the majority of her life growing up in Dallas.

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