Michigan’s share of the nation’s fastest-growing companies has dropped over the past five years. Michigan lags behind both the “Top Ten” and peer state averages.  

What It Is: Number of companies per 1,000,000 people that are among the 5,000 fastest-growing companies in the country.  

Why It Matters: Being home to the fastest-growing companies nationwide is a sign that a state is fostering an environment where startup companies can thrive.

Fastest-Growing Companies Trends

Fastest-Growing Companies Standings

Source: Inc. and MAQ Software