West Virginia had the nation’s highest five-year business survival rate for businesses launched in 2019, according to a post from the West Virginia Secretary of State’s Office shared by the Lewis County Chamber of Commerce.
The office said a recent study found that 57.6% of businesses started in the state that year were still operating five years later. Secretary of State Kris Warner celebrated the ranking and credited business owners and the WV Entrepreneurship Ecosystem, which supports entrepreneurs and small businesses across the state.
