Study Rates Virginia Best State For Business

August 5, 2010

Virginia is the “most pro-business state” in America according to the Pollina Corporate Top 10 Pro-Business States for 2010 rankings released today.

This marks the fourth time the Commonwealth has held the top spot, with previous top rankings garnered in 2003, 2007 and 2009, Gov. Bob McDonnell's office said in a release.

The study evaluates and ranks states based on 31 factors including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts, Pollina said in its release on the study.

Pollina recognized Virginia's business-friendly atmosphere and education system, McDonnell said.

“And that work is ongoing,” the governor said.

“This past General Assembly Session, we were able to secure a robust package of economic development incentives which we’re using around the state, country and world to create jobs for Virginians," McDonnell said.

"In addition, we will continue to take an ‘all of the above’ approach to our energy future to work towards Virginia becoming the energy capitol of the east coast,” McDonnell said.

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