A recent report puts Colorado as the number fourth state for most startup activity.

The latest Kauffman Index report ranks both states and metro areas for the amount of startup activity. Among states, Colorado ranked fourth, and boasted 350 people becoming entrepreneurs each month for every 100,000 adults.

Metro Denver ranked fifth among metro areas with 370 people becoming entrepreneurs each month for every 100,000 adults.

Read more about the report on the Denver Business Journal website.