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
Kauffman’s new grants go live this week; here’s what we know about the revised funding priorities
The announcement of five new grants opportunities from the Ewing Marion Kauffman Foundation brings months of anticipation and potential uncertainty to a head, offering a more clear view into the relaunched grantmaking strategy of the influential Kansas City philanthropic organization. New applications for funding through the Kauffman Foundation open Aug. 29 — about four months…
Digital Health KC debuts Lumi Awards with star-powered roster of tech honorees
Healthcare is a team sport and Kansas City has all the players, said Dick Flanigan, heaping praise on the region’s innovators at the intersection of healthcare and technology. “We have key entries in every sector, allowing us to tap into these companies and individuals to truly form a winning team,” said Flanigan, president of Digital…
Shoppers lined the block to visit their vintage clothing store; now they’ve curated a new, larger space in KC’s West Bottoms
As brothers Thomas and Reade Rex open the doors to their relocated and expanded vintage clothing store this weekend in Kansas City’s West Bottoms, the event will be a culmination of years of hard work, passion, and a shared vision — plus significant customer support and loyalty, they said. “We’ve always done things together,” said…
World Cup will be KC’s biggest-ever event, top founder says (and local businesses can still get in the game)
When Neal Sharma co-founded DEG at the turn of the millennium, Kansas City felt like it had an inferiority complex, he said. Fast forward to 2024, and the city is teeming with extrinsic validation, he added. The exited founder-turned-civic leader hopes being a World Cup host city in 2026 pushes Kansas City to take a…