PolitiFact: Wisconsin the worst in the nation for start-ups?

Posted at 7:04 PM, Mar 09, 2018
and last updated 2018-03-09 20:04:49-05

Everyone wants to be number one and no one likes coming in last. 

PolitiFact Wisconsin looks at one claim about Wisconsin's ranking in business start-ups. Is the Badger state ranked at the bottom?

Lots of buzz around Foxconn coming to Racine County with the prospect of 13,000 new jobs.

But Democratic candidates for governor, like Dana Wachs, have been critical of the state's $3 billion offer from taxpayers.

Wachs was also critical of the state's overall effort to attract new business. 

"Wachs says Wisconsin ranks 50th among the states in starts ups," said Tom Kertscher with the Milwaukee Journal Sentinel.

As in dead last. PolitiFact Wisconsin says Wachs was referring to what is known as the Kauffman Index, a go-to national source which measures not only new businesses but the number of new entrepreneurs starting businesses.

"The Kauffman index ranked Wisconsin 50th not only in 2017 but actually for three years in a row," said Kertscher. 

Keep in mind it's just one index. PolitiFact Wisconsin points out there are other ways to measure the business climate in Wisconsin.

"In terms of start-up activity the Kauffman index does show a trend of Wisconsin being at the bottom among the states," said Kertscher.

However, there are other measures such as business climate where Wisconsin ranks in the middle among the states or even near the top. 

In fact, PolitiFact Wisconsin says Kauffman rated Wisconsin second in the nation for main street entrepreneurship,

Wachs' claim was rated True.