No. 50: West Virginia
Solution Provider 500 Companies: 0
West Virginia has some things going for it, including relatively low labor and business costs (ranked No. 23), comparatively low taxes and limited regulations (No. 25), and moderate energy costs (No. 18). But, it is dead last (No. 50) in our analysis when it comes to the overall education level and experience of its available workforce. Only 18.5 percent of its adult population hold a bachelor's degree or higher -- lowest among all states. West Virginia was ranked No. 49 for innovation and growth (including a No. 50 rank in entrepreneurial activity) and No. 48 in business opportunities. The state offers a relatively low cost of living (No. 14). But, low scores for other quality of life factors, including No. 49 in median household income and No. 46 in the number of people that use the Internet, bring down its overall quality of life/cost of living rank (No. 43).
West Virginia has no solution providers on the Tech Elite 250, Next-Gen 250 or Fast Growth 100 and 50 Up-And-Comers.