Report: Missouri boasts three, top-20 startup cities
May 2, 2016 | Bobby Burch
Kansas City is a top-20 destination to start a business, according to a recent WalletHub report.
A study released Monday by the personal finance website ranked the City of Fountains as the No. 16 best city to launch a business.
WalletHub compared the relative startup opportunities in the 150 most populated U.S. cities., looking at metrics such as five-year survival rate, office-space affordability, educational attainment of the local labor force and more.
Kansas City, Mo., received high marks for its business startup costs, earning a No. 16 ranking. Show Me State neighbor St. Louis ranked as the No. 5 best city to start a business, while Springfield, Mo. earned a No. 8 ranking.
The ranking comes about a week after Overland Park was named No. 20 on WalletHub’s best cities for Hispanic entrepreneurs list. In February, WalletHub ranked Kansas City as the No. 7 best U.S. city for women-owned businesses.
Here are WalletHub’s top 10 best cities to start a business:
- Sioux Falls, SD
- Grand Rapids, MI
- Oklahoma City, OK
- Lincoln, NE
- St. Louis, MO
- Salt Lake City, UT
- Charlotte, NC
- Springfield, MO
- Tulsa, OK
- Amarillo, TX
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
Grand prize: 10-year-old Leawood girl wins $260K for Storm Sleeper invention
When Julia Luetje’s parents surprised her at school with news that her Storm Sleeper invention won Frito-Lay’s $250,000 Dreamvention grand prize, the 10-year-old Leawood girl was excited, but told them she needed to get back to work. “Julia seemed to be stunned,” said her mother, Susan Bernstein. “She had the biggest smile I’ve ever seen on…
Fund Me, KC: Lips of Steel gives women iron-clad smiles, healthier bodies
Editor’s note: Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com. Today’s featured campaign — Lips of Steel — spotlights a business co-founded by Kansas City-expat Sofia Gahn, who manages social media for…
Techstars Kansas City accepting startups for second accelerator class
One of the Midwest’s most competitive accelerator programs is looking for technology enabled startups with global potential. Techstars Kansas City is now accepting applications for its three-month, mentor-led 2018 class. The program is set to begin July 16, culminating with an Oct. 11 demo day event in which participating startups will pitch to the community…
Four leading Kansas City entrepreneurs among 2018 Pipeline class
The lives of four Kansas City entrepreneurs selected for the 2018 Pipeline class are about to change forever, said Brian Handrigan, Pipeline member and co-founder of St. Louis-based Traaqr. New fellows were announced Thursday evening at Pipeline’s The Innovators gala, with 13 startup leaders from across the Midwest taking the stage as the first step…