Entrepreneur Magazine has named Maryland the No. 1 state to start a new business, with neighboring Virginia following close behind at No. 3.

The California-based magazine cited the state's Maryland Entrepreneurs Resource List -- which connects experts with startups -- and the University of Maryland Baltimore County's initiative to find and train female entrepreneurs in choosing the state for the top position.

The U.S. Chamber of Commerce in April also named Maryland No. 1 for entrepreneurship.

Third-placed Virginia was given high marks for being first in Science, Technology, Engineering and Math (STEM) job concentration and second only to North Dakota in STEM job growth. The commonwealth has been the home to the Center for Innovative Technology, a state-chartered nonprofit that fosters the growth of technology companies.