Report: Kansas City is ‘meh’ for millennial entrepreneurs
September 30, 2015 | Bobby Burch
A recent survey found that young entrepreneurs view Kansas City as a rather pedestrian locale to launch a business.
Millennial entrepreneurs ranked Kansas City as the 30th best city to start a business, according to a Thumbtack survey of about 3,700 entrepreneurs aged 34 and under. Thumbtack, which created a marketplace that connects professional service providers with customers, asked millennial entrepreneurs questions about the friendliness of local tax laws, licensing rules, the regulatory environment, training and networking opportunities and more.
Despite facing a sluggish economy after the Great Recession, millennial entrepreneurs have been launching a high number of startups and are looking for the best environments to do so.
In 2011, entrepreneurs age 20 to 34 were on average creating about 160,000 businesses each month, according to a study by the U.S. Chamber of Commerce Foundation. 27 percent of millennials in 2011 identified as self-employed.
Birmingham, Alabama earned the top ranking, followed by Boise, Idaho, Boulder, Colo., and Nashville, Tenn., respectively. Omaha earned a No. 12 ranking in the survey while St. Louis ranked as the 81st best place for millennial entrepreneurs. The survey evaluated 95 cities in total.
2015 Startups to Watch
stats here
Related Posts on Startland News
Blue collar Friday: Why a KC streetwear project in the works for a decade could sell out in one night
A just-dropped collaboration between two Crossroads makers stitch together neighborhood history and vintage streetwear, according to the creatives behind the SewKC and MADE MOBB brands. “We’re paying homage to the craftsmanship of the past but bringing it into this new age,” explained Jesse Phouanphet, co-owner of the popular Kansas City streetwear apparel company MADE MOBB. …
Raven Space Systems lands Forbes 30 Under 30 honor, re-entering spotlight after funding news
One of Kansas City’s most promising startups of the year has seen its fortunes rocket to the skies over the past three weeks, capped by a high-profile honor in the national media: a spot on the coveted Forbes 30 Under 30 list. “Building Raven Space Systems has been a very challenging journey and I am…
Missouri lawmaker urges SBA change to ease access to federal funds for digital tools
Government red tape is getting in the way of entrepreneurs’ ability to compete, said Mark Alford, detailing his efforts in Washington, D.C. to ensure affordable, equitable access to and use of “digital technologies” — especially when the federal government is involved, he added. “Small businesses are the fabric of America, driving innovation and growth,” said…
Golftech startup raises $675K seed round, swinging for franchise expansion and commercial tech launch
A Lenexa-based tech company focused on accelerating skills for avid golfers hit a funding milestone this week, announcing a seed round meant to bridge the gap between on-course and off-course play through its innovative physical and digital solutions. Albatross Golf — which boasts two flagship offerings: GolfTRK and Noonan — on Tuesday shared news of…