Transparency Portal
2021 Entrepreneurship Rate

50-State Median
2021 Entrepreneurship Rate

What is the Entrepreneurship Rate?

Nationally, the rate of new entrepreneurs in 2019 was 0.31 percent, meaning that an average of 310 out of every 100,000 adults became new entrepreneurs in a given month. Experts consider the new entrepreneurship rate an important measure of an economy's dynamism. At 0.20 percent in 2019, Pennsylvania has the fifth lowest entrepreneurship rate in the United States. Economic recovery from COVID-19 will require a focus on increasing the Commonwealth's entrepreneurship rate.

Source: Kauffman Foundation -