Despite its low population and relatively recent statehood, Alaska boasts a strong economic foundation. With a small population ranking fourth lowest in the nation according to US Census data, Alaska's entrepreneurial landscape is surprisingly robust. In recent years, the state has experienced significant economic growth and influence. This can be attributed to several factors, including a pro-business government strategy, a skilled workforce, competitive tax incentives, a high rate of gross migration, and an exceptional quality of life. These elements have made Alaska an attractive destination for businesses, driving the proportion of small enterprises relative to the population to remarkable levels.