This July, Massachusetts was named the Most Improved State for Business by CNBC as part of their America’s Top States for Business ranking, jumping 18 places from last year and ranking higher than any other New England state. Massachusetts ranked #2 in the nation for education, earning an A+, and ranked in the top 10 for technology and innovation, quality of life and access to capital.
“This ranking is an encouraging sign for the results we have delivered when it comes to making Massachusetts more affordable and competitive, and making it easier to do business in our state,” said Governor Maura Healey.
Among the highlights, CNBC pointed to the Mass Leads Act, which Governor Healey signed last year to make Massachusetts a global leader in emerging industries like climatetech and applied artificial intelligence (AI), while also building on the success of the state’s renowned life sciences sector. This economic development bill is creating jobs, supporting business growth, expanding workforce development programs and investing in rural and regional economic development initiatives.
Read more about Why Massachusetts is the best place to discover, develop, and scale.
