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
Pipeline’s new cohorts show ‘power of diversity’; here’s who’s joining the elite entrepreneur network
Pipeline’s roster of high-growth Midwest entrepreneurs swelled Thursday as the premier fellowship network officially announced more than two dozen founders joining its 2024 Fellowship and Pathfinder Program. “The selected Fellows and Pathfinders represent the power and impact of diverse companies, leaders and regions being represented in a cohort,” said Vincent, executive director of Pipeline Entrepreneurs.…
Legislation to support Native American entrepreneurs could boost grants to tribes, Hawaiian natives
A bipartisan effort to strengthen and expand government-backed opportunities for Native American entrepreneurs got a boost this week, with legislation championed by a Kansas lawmaker advancing in the U.S. House. The Native American Entrepreneurial Opportunity Act — introduced by U.S. Reps. Sharice Davids, D-Kansas, and Eli Crane, R-Arizona — moved out of committee Wednesday, according…
How this KC-designed (and 3D-printed) stadium torch will light the Chiefs’ way to Super Bowl LVIII
Nearly four years after it was unveiled in Las Vegas’ Allegiant Stadium, the Al Davis Memorial Torch will serve as a beacon of light — and hometown spirit — for a Kansas City Chiefs team set to take on their 2020 Super Bowl rivals. Designed and developed by Kansas City-based Dimensional Innovations, the 93-foot stadium torch…
New capital programs for KC small businesses unveiled, starting with micro-biz grants
Editor’s note: Kansas City’s KC BizCare Office and the Ewing Marion Kauffman Foundation are financial supporters or partners of Startland News. A new collaborative effort aims to boost Kansas City’s small business and startup ecosystems by building greater capital readiness among entrepreneurs and increasing access to starting capital, said Tracey Lewis. The Economic Development Corporation…