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
Black & Veatch IgniteX accelerator adds six startups focused on carbon dioxide removal
An Overland Park-based corporate innovation hub is set to empower an international roster of startups involved in climate and decarbonization technology — just as news reports point to a record spike in atmospheric carbon dioxide levels and intensifying climate concerns. Six companies have been selected for the Black & Veatch IgniteX Carbon Dioxide Removal (CDR) Accelerator,…
CAPS Network selects first cohort for $951K initiative toward rural Kansas learning expansion
A significant U.S. Department of Education grant is expected to serve as a catalyst for CAPS Network’s ambitious plan to expand profession-based learning in rural America, with a particular focus on its home state of Kansas. Seven rural partner communities already have been selected. The federal funding came after impactful advocacy from U.S. Jerry Moran,…
KC Futures DAO aims to launch Kansas City’s first blockchain-driven innovation magnet
As the US races to catch up to Europe, Asia and the developing world with regard to crypto, blockchain and Web3 tech, can the careful creation of talent-attracting digital hubs help close the distance? Today’s global economy — and its hyper-competitive talent market — rightly sees rapidly advancing technology as a relentless force, said Troy Carlson,…
New summer pitch competition builds on KCMO capital programs’ early success; applications open now
A new pitch competition is expected to give impactful small businesses and startups an opportunity to gain broader exposure and win cash prizes as the city’s KC BizCare Office expands capital programs supporting entrepreneurs in Kansas City, Missouri. In late July, five selected business leaders are set to pitch their ideas to about 50 judges,…