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    Enterprising Texans

    Texas ranks near the top of best states to start a new business

    Marcy de Luna
    Jul 11, 2017 | 9:00 am
    Houston, Austin capital with Texas flag, July 2017
    Texas ranks as the No. 2 best state in the country to start a new business venture.
    Courtesy of npr.org

    Location is everything when it comes to starting a new business. And according to a new study released by personal financial website WalletHub, Texas is near the top of the list as one of the best states for entrepreneurs to get their feet wet.

    The study, which uses 20 key indicators, compares startup success in 50 states to determine the best — and worst — places to launch and grow a budding enterprise. Factors taken into account include financial accessibility, availability of human capital, and office-space affordability, with the Lone Star State coming in as the No. 2 top state in the country to start a new venture.

    Texas ranks No. 2, just behind North Dakota and ahead of Utah. The Lone Star State receives high marks for Best Environment (No. 3) and Access to Resources (No. 10), but scores in the middle of the pack for Business Costs (at No. 25).

    As well, WalletHub places Texas as No. 2 for Highest Average Growth in Number of Small Businesses, No. 4 for Longest Average Work Week (in hours), and No. 5 for Highest Total Spending Incentives as a percentage of GDP.

    New business owners may want to steer clear of Maryland, New Hampshire, and New Jersey, which placed last on the list at No. 48, No. 49, and No. 50, respectively. Other low-ranking states include Rhode Island, Hawaii, Pennsylvania, and Connecticut.

    According to U.S. Bureau of Labor Statistics data, about a fifth of all startups typically don’t survive past year one of operation, and nearly half never make it to their fifth anniversary.

    city-news-roundup
    news/innovation

    ADD TO CART

    Texas grocer H-E-B seeks best new products for annual grocery competition

    Brandon Watson
    Mar 11, 2026 | 10:30 am
    My Drink Bomb Quest for Texas Best
    Photo courtesy of H-E-B
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    It’s not America’s Got Talent or The Voice, but for 12 years, H-E-B has been steadily churning out stars. Through its annual Quest for Texas Best competition, small companies have become literal household names, filling pantries across the state. Now, a new crop of products has the chance to audition.

    H-E-B’s Quest for Texas Best will take applications for its 13th annual contest from March 11 through April 22. Small business owners and entrepreneurs across the state can submit their unique and innovative products to win a combined $100,000 in cash prizes and the opportunity to feature their products on H-E-B shelves across Texas.

    Since the competition started, H-E-B has discovered over 1,000 unique products across the Lone Star State. These have included various food and non-food items, including cookies, coffees, beauty items, toys, home goods, and even roasted crickets. The contest has awarded nearly $3 million in prize money and provided valuable marketing, mentoring, and supplemental support to its winners.

    Over the years, the Houston area has been well-represented among the champions. In 2025, four Houston companies made the top 10, with My Drink Bomb, a company that makes flavor additions for sparkling water, winning third place and $10,000.

    To be considered for the contest, interested suppliers and manufacturers can submit videos online. After the Call for Entries period is complete, H-E-B's Business Development Managers will select the top applicants who will head to San Antonio in October to present their wares in person before a panel of judges.

    The jury will determine the top four winning products and award $50,000 to the Grand Prize winner, the title of "Texas Best," and placement on H-E-B store shelves. The first-place winner will receive $25,000, the second-place winner will receive $15,000, and the third-place winner will receive $10,000.

    “We look forward to connecting with Texas-based innovators each year and providing exciting opportunities through this competition,” said James Harris, H-E-B’s Sr. Director of Diversity & Inclusion and Supplier Diversity for H-E-B, in a release. “I can’t wait to see what products are brought to the table this year. After 12 years of the H-E-B Quest for Texas Best, the creativity and ingenuity of Texans still inspire me.”

    contestsgrocery storesentrepreneurshiph-e-b
    news/innovation
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