Solution Provider 500 Companies: 4
Kentucky's overall ranking was dragged down by its poor ranking (No. 48) for availability of an educated, experienced workforce. It was among the states with the lowest percentage of the population with college degrees.
The state was ranked No. 12 in the taxes and regulations category, including having some of the lowest property taxes among all states. But, its No. 29 rank in labor/business costs isn't terribly impressive, even less so are its overall rankings for innovation and growth (No. 42) and business opportunity (No. 39).
Kentucky has two solution providers on the Tech Elite 250 list, three on the Next-Gen 250 and three on the Fast Growth 100 and 50 Up-And-Comers lists.