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
He retired after an exit; now this govtech veteran is back in a CFO role for KC-scaled PayIt
As Kansas City-built PayIt scales across North America, a new financial leader is expected to help guide the company in its game-changing efforts to help government agencies modernize, serve their residents, and improve operating efficiency. Steve Kovzan, a nearly 30-year veteran of leadership across government technology and finance spaces, is now chief financial officer at…
KC Tech Council celebrates tax fix in Trump’s ‘One Big Beautiful Bill’ that boosts growing businesses
A tax fix included in the recently signed “One Big Beautiful Bill” — sprawling legislation meant to overhaul taxes in the United States — marks a major win for Kansas City’s tech and innovation economy, said Kara Lowe. At issue: a long-awaited change to Section 174 research and development expensing that now allows businesses to…
Thank a community leader; Nominate them to win $50,000
Editor’s note: The following is a paid message from the Ewing Marion Kauffman Foundation. Allison Greenwood Bajracharya, a fourth-generation Kansas Citian, is chief impact and strategy officer for the Kauffman Foundation. In communities around the country, people are doing uncommon things in the most common places — parks, food pantries, classrooms, soccer fields, and church…
Crossroads distillery asks KC to make a toast in honor of founder lost in weekend motorcycle wreck
Update: A crowdfunding campaign has been launched to support the family of the late Jeff Evans. Click here to learn more or to donate. With doors temporarily closed early this week (July 21-22) to mourn the loss of co-founder Jeff Evans, the team behind Mean Mule Distilling is asking its community to “grieve with us,…