In 2021, New York ranked high among states for business creation; however, some business owners may face impediments to creating a new enterprise. While New York exceeds the nation in the share of businesses that are majority female and minority-owned, they continue to represent less than one-quarter of all owners in the State. Entrepreneurship is vital to the economic health of the State, and ensuring equitable access to the capital and tools for business creation are also important for New York’s future.