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
Made in KC Cafe opens downtown with experimental blend of coffee, retail (Photos)
A hotly anticipated hybrid coffee shop — Made in KC Cafe — poured into downtown Kansas City Friday, marking the fourth store for a home-brewed retailer. “This will be a living, breathing experiment,” said Tyler Enders, Made in KC co-founder. “Made in KC Cafe is a nice way for us to dip our toe into…
Wonka of Wax: Dark times melt into quirky joy for Brandon Love’s Crumble Co
With scents as varied as “Lavender Lemonade” and “Drunken Unicorn,” Brandon Love’s Crumble Co. burns in a unique — Love would say “joyful” — space within the candle market. A wide grin spreads across the 21-year-old founder’s face as he notes the name of the wax melt spreading aroma throughout his loft apartment at One…
Football tech startup Lazser Down scores big with NCAA championship game
When two out-of-state foes face off Saturday at Children’s Mercy Park, the NCAA Division II Championship game will still host a hometown team. The title game — between West Florida University and Texas A&M University-Commerce — features local tech created by Lazser Down, a Kansas City-based startup that created a new down marker system that uses…
Plexpod acquires Think Big Coworking, expanding KC footprint
Plexpod isn’t playing. Amid Kansas City’s competitive coworking market, Plexpod is doubling down with the acquisition of Think Big Coworking’s 1712 Main Street location, Plexpod founder Gerald Smith said. The acquisition adds more than 30,000 square feet of space to Plexpod’s already large footprint in the area and forges a new partnership between the two…