Montana, one of the most beautiful states in the United States, is also one of the best places in the country to start a business: the state ranked first in the nation for rate of new entrepreneurs four years in a row.

Despite its status as the 7th least populous state in the nation, Montana’s high tech economy is growing, as more and more graduates of its universities are choosing to live in the cities of Bozeman and Billings, where employment opportunities are getting better by the day. In 2016, the state’s 14,500 tech sector employees earned an average of around 60,000 a year, according to a survey taken by University of Montana.

Also, employees are likely to stick around as Montana boasts a high retention rate. Reasons for this are clear: the state’s mountainous landscapes and hundreds of miles of trails provide ample opportunity for outdoor activity, whether it be hiking, kayaking, skiing or cycling.

Promising a laidback lifestyle with plenty of avenues for outdoor recreation, and a bustling tech scene for a state of its population, Montana is a top destination for prospective entrepreneurs.

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Only cities with over 50,000 inhabitants are reported in the results. Some data had to be interpolated to the county level and extrapolated to all the cities in the county. We concentrated on the following metrics to obtain our ranking: Cost of livingBest state for businessUnemploymentKauffman index, and Universities.


I'm an entrepreneur myself. When talking to others who want to start their own business, they often get wrapped up in the nitty gritty of paperwork and forming the company. They forget that what really matters is customers, sales, and profit. That's why I created How to Start an a simple resource and guide so you can spend less time on forming your company, and more time on building it.

My lawyers want me to remind you that I'm not a lawyer and that I'm completely unqualified to offer legal advice. This site is meant to serve as a reference for you on your journey. If you have questions or concerns, please contact a qualified lawyer (or accountant) to help you. Also, as a general rule, never take random legal advice on the internet.