Is North Carolina Business-Friendly? A Comprehensive Look

North Carolina is a state that has long been known for its business-friendly climate. From its strong finances to its diverse industries, the state has been a beacon of economic growth and innovation. In addition, the state has taken steps to help businesses affected by the pandemic, such as providing direct cash support to the hospitality industry and keeping businesses owned by women and minorities afloat. North Carolina institutions are also among the top recipients of research funding from the National Science Foundation and the National Institutes of Health, and the state ranks high in cryptocurrency mining.Governor Cooper has focused on supporting businesses during the pandemic, developing partnerships to ensure that workers and consumers can visit businesses safely.

However, those workers have some of the highest salaries in the country, which hurts the state's position on the cost of doing business. Investments like these have helped North Carolina to have one of the lowest rates of deaths related to COVID, as well as the loss of jobs per capita during the pandemic.North Carolina ranked high in the categories of Economics, Access to Capital, and Technology and Innovation. This historic contracting success in rural and urban North Carolina continues to add value to the manufacturing and clean energy industries that are already thriving here. Governor Cooper also noted that his cabinet was the most diverse in the state's history.In conclusion, North Carolina is a business-friendly state with a strong economy, diverse industries, and a commitment to helping businesses affected by the pandemic.

The state has also invested resources in research funding and cryptocurrency mining, while providing workers with some of the highest salaries in the country. With its historic contracting success in rural and urban areas, North Carolina is an ideal place for businesses looking for a supportive environment.

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