As Georgia marks its 10th year in a row of Area Development naming Georgia the top state for business in the United States, it's essential to highlight the reasons behind this achievement.
"Everything from a solid fiscal picture to generous incentives to invaluable assistance in finding, attracting, and — if need be — training the right people," are a few of the reasons Area Development cited as reasons site selectors keep turning to Georgia.
From multinational corporations to small businesses, Georgia has established itself as a thriving state for business growth and innovation.
We're taking a look at ten of the reasons we think Georgia remains the top state for business in the country. Let's go!
- Strategic location: Georgia is located strategically in the Southeast region of the United States, which makes it a prime location for business growth and expansion. With easy access to major interstates, railroads, and ports, Georgia is the perfect location for businesses that need to move goods and products across the country efficiently
- Thriving industry: Georgia is home to several thriving industries such as technology, manufacturing, and logistics. The state's diversified economy boasts a steady pipeline of talented professionals and cutting-edge companies that continue to drive the economy forward.
- Skilled workforce: Georgia's workforce is highly skilled and productive, making it the perfect location for businesses that require a talented pool of professionals. Georgia's top-notch education system, including higher education institutions like Georgia Tech, provides businesses with access to skilled talent from a range of disciplines.
- Business-friendly climate: Georgia has established itself as one of the most business-friendly states in the country, thanks to its low taxes, streamlined regulations, and pro-business climate. Georgia's government understands and recognizes the critical role that businesses play in driving economic growth, and this is evident in their policies.
- Quality of life: Georgia offers a high standard of living, thanks to its vibrant culture, outdoor recreation, and friendly communities. Business owners and talented professionals who choose to live and work in Georgia have access to top-rated schools, excellent healthcare, and beautiful natural surroundings. Explore our region's page to find your ideal Georgia community to call home.
- Innovation and technology: Georgia is a hub for innovation and technology, with several leading companies like Coca-Cola, Home Depot, and UPS calling the state home. The state's thriving tech hub and startup ecosystem, centered around Atlanta, continue to attract talented entrepreneurs and innovators from around the world.
- Infrastructure investment: Georgia has invested heavily in its infrastructure, particularly in clean energy. The state has modernized its infrastructure, to support business growth. This year, CNBC named Georgia the top state for infrastructure in part to these on-going investments.
- Economic stability: Georgia has demonstrated a remarkable level of economic stability over the years, thanks to its diversified economy and business-friendly climate. Even during times of economic uncertainty, Georgia's businesses have had the resilience to weather the storm and continue driving growth.
- Workforce training programs: Georgia's state leadership has recognized the importance of investing in workforce training programs like Georgia Quickstart to ensure that businesses have access to a skilled and productive labor force. Programs like the Georgia Work Ready program have been instrumental in providing businesses with access to trained professionals and improving the state's economic landscape.
- State support for innovation: Georgia has established several initiatives to support innovation and research in various fields, including biomedicine, logistics, and technology. The state's support for research and development has helped businesses innovate and stay competitive in an ever-changing business landscape -including at our higher learning institutions. In FY21, Georgia's colleges and universities posted $2.95B in research expenditures.
Georgia's continued success as the top state for business comes down to several factors, such as its skilled workforce, business-friendly climate, and infrastructure investment. Georgia has established itself as an economic powerhouse that is primed for continued growth and success. Last year the state and Georgia Power Economic Development reported record investments and job creation, and we are already on track for another record-setting year.
Business owners and entrepreneurs looking for the perfect location to launch or expand their business would do well to consider Georgia. From its strategic location to its thriving industries and innovation, this state has everything businesses need to succeed and thrive.
Come and join the many successful businesses that call Georgia home. If you are outside of Georgia and have questions about locating to the Top State for Business, contact our business development team today.
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This text has been generated by an AI model, but the ideas and underlying research are original and generated by a human author, Heather Worthan. The organization, grammar, and presentation may have been enhanced by the use of AI.