Figures released by the U.S. Bureau of Labor Statistics last week place Illinois number two among states where businesses are being created the fastest. The study found the number of business startups in Illinois increased nearly 5 percent in the fourth quarter, beat only by Massachusetts who saw a 5.6 percent increase.

According to researchers, high-quality research universities, a large concentration of college-educated workers, existing tech-based companies and access to venture capital are keys to fostering the kind of climate needed to nurture business innovation and growth.

Oregon, Delaware and Georgia trailed Illinois to round out the top five states nationwide in creating businesses.

Learn more:
Illinois among top states in creating businesses – Crain’s Chicago
Make room for another tech firm in River North – Crain’s Chicago