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North Carolina Ranked America's 2023 Top State for Business

For the second year in a row, CNBC has named North Carolina America’s Top State for Business. A world-class workforce played a major role in securing the top spot as did a thriving economy and a low cost of living.

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Why NC

Whether your business has roots in North Carolina or you want to relocate your business here, NC is primed for you to succeed.

NC At a Glance

Charlotte city skyline at dusk

Lowest Corporate Tax Rate in the US

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#1
State for Workforce
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100
4 International Airports and 2 Major Seaports
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Hammocks Beach State Park paddle boarding under pink sky

Cost of living 5% below the national average

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#1
in Renewable Energy Leadership
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5
Strategically-Located Megasites
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WHY NC

State Comparison

See how other states measure up to North Carolina’s workforce, business climate, and more.

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If you're looking to grow and ready to embrace what's next, consider North Carolina,

the best state for business.

View of Mountains from Chimney Rock State Park, North Carolina

How Can We Help You?

Common FAQs

  • What is the Economic Development Partnership of North Carolina?

    The Economic Development Partnership of North Carolina (EDPNC) helps businesses large and small succeed in North Carolina. We recruit new businesses to the state, support the growth of existing North Carolina businesses, help manufacturers sell into international markets, provide startup assistance to entrepreneurs, and market the state as a premier travel destination.

    In pursuit of sustainable job-creation and investment in North Carolina, the EDPNC works closely with public- and private-sector partners at the state, regional and local levels.

    As a nonprofit public-private partnership, the EDPNC operates under contract with the North Carolina Department of Commerce, while receiving additional financial support from the private sector.

    Governed by an 18-member board of business and industry leaders representative of the entire state, the EDPNC proudly serves as North Carolina’s statewide economic development organization, committed to serving all those looking to invest in, visit, or do business with North Carolina.

    ABOUT NC

  • Why choose North Carolina?

    From bustling urban centers to miles of open spaces, North Carolina is in a state of momentum. Propelled by low business costs, groundbreaking university research, diverse culture, superior infrastructure, North Carolina offers a pace of life that attracts talented people and encourages them to refuel. Don’t believe us? Check out our state comparison to get a side-by-side view of North Carolina and other states.

    STATE COMPARISON MAP

  • How do I start a business in North Carolina?

    The EDPNC Small Business Advisors are the go-to resource for starting a business in North Carolina. Using the Business Planning Checklist, you can start a business easily.

    Have questions or need help getting started? Connect with one of our Small Business Advisors for a customized consultation, detailed state license information and contacts for the city, county and federal governments appropriate to your business needs. The team in available Monday through Friday between 8:30 am to 4:00 pm at 800.228.8443

    Contact Small Business Advisors

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