Ohio has officially been deemed a top five state for business, according to CNBC’s 2025 Top States for Business rankings. This is the first time Ohio has made it into the top five and marks the state’s highest ranking since the index began in 2007. Previously positioned as #7 in 2024 and as #12 in 2023, this significant leap forward validates JumpStart’s core belief that Ohio is at the forefront of innovation, entrepreneurship, and economic prosperity.
In addition to snagging spot #5, Ohio received the following additional achievements:
- #1 for public/private infrastructure investment
- #2 for cost of doing business
- Top 3 for both economic development projects and megaproject investments
- # 6 in technology and innovation
- # 7 in both cost of living and access to capital
The Buckeye State’s low cost of living, collaborative business ecosystem, and noteworthy infrastructure work in tandem to provide up-and-coming ventures with the foundation needed to not only take form but also thrive.
For over 20 years, JumpStart has worked to ensure entrepreneurs have the tools they need to unlock their full potential and, in turn, transform their communities. From venture capital investments to hands-on business support, we’re proud to play a part in building a stronger, more competitive Ohio.
This nationally recognized achievement serves as a call to action, proving that when we invest in early-stage companies and remove barriers to success, we are helping to ensure the future of Ohio.
Rankings such as CNBC’s Top States for Business hold significance because they provide a data-backed signal that Ohio is primed for entrepreneurial success. For founders, a top five ranking means better access to capital, talent, infrastructure, and supportive policies—all of which are critical to creating and growing a business. High-ranking status also helps to attract investors, validate the strength of the business ecosystem, and help inform entrepreneurs on decisions about how and where to grow.
Whether you’re looking to speak with a business advisor or have questions about a JumpStart| program or service, we encourage you to reach out to us at jumpstartinc.org/contact.
And if you want to experience Ohio’s momentum firsthand, join us at Ohio VC Fest on September 16–17 in Cleveland. This premier event brings together founders, investors, and innovation leaders from across the Midwest and beyond to explore what’s next in venture capital, entrepreneurship, and the future of work.
