4. Alaska
most entrepreneurial states alaska
2012 startup rate: 430 per 100,000 adults

Alaska may be icy cold, but it enjoys a brisk entrepreneurial climate too.

"Alaska still lacks many services that are available in the rest of the United States," said Rachel Petro, president and CEO of Alaska's Chamber of Commerce. As a result, there's lots of potential to introduce products and services from the mainland.

Niche businesses that cater to Alaska's robust tourism industry do particularly well here. Think bed & breakfasts, food and craft stores, and restaurants.

Cities like Anchorage are helping encourage the startup scene by offering $13.2 million in loans to small businesses.

But doing business in Alaska isn't cheap: Labor, transportation, and shipping costs are high compared to other states. Those expenses are partly offset, though, by the state's low business taxes and lack of income or sales taxes, Petro added.

Source: 2013 Kauffman Index of Entrepreneurial Activity, published by the Kauffman Foundation. The 2012 startup rate for each state is based on a yearly national survey of about half a million people -- adults aged 20 to 64 who start a business each month with 15 or more hours worked. In Montana, for example, Kauffman found that 530 of every 100,000 adults started businesses in 2012.
  @CNNMoney - Last updated June 20 2013 11:48 AM ET
Join the Conversation
8 most business-friendly cities

These metro areas rate highest for ease of starting a business, government support of entrepreneurs, and more, according to a recent Thumbtack survey of more than 8,000 small businesses.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.