DENVER — Colorado jumped from mid-list to number one this year among the best states for women entrepreneurs, according to a ranking by FitSmallBusiness.

Colorado, ranked #21 last year, climbed to the top of the list thanks to a competitive corporate tax rate, access to technology meccas and women’s empowerment initiatives including The Women’s Foundation Of Colorado, The Women’s Collaborative For Colorado, and the state’s Minority Business Office.

California (jumping from #15 to #2) and New York (#14 to #4) also made significant gains. Florida rose from #17 to #6, while Iowa went from #35 to #9.

Alabama, on the other hand, plummeted from #5 to the bottom of the list (#50). Although the state has a low cost of living and corporate tax rate, it did not fare well when women-centric metrics were weighted higher.

Read more at the Denver Business Journal.

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