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
Wonder developers eye emerging businesses and creatives for Troost
Business is brewing at the former Wonder Bread bakery. With a flurry of activity at 30th and Troost, the historic site is undergoing a transformation: from yet another vacant space on the corridor to an anchor for residential and commercial life on Troost. “They’ve gutted the inside and they’ve done a ton of work,” said…
You don’t have to pick a side, neighbor-led Troost Coalition says
It’s about bringing residents back to Troost Avenue, Cathryn Simmons said. And that means challenging the status quo. “This used to be a free-for-all. Troost was the Wild Wild West of Kansas City,” she said. “You could come over here and do anything you wanted. Legally.” A founding member of the Troost Coalition, Simmons helped…
Video: Nonprofit wants to bring coworking, craft fairs and farmers markets to Troost
Nonprofit group Troost Market Collective hopes to revitalize a section of Troost Avenue — from 31st to Linwood — bringing a coworking space, art collective and maker spaces, as well as regular festivals and farmers markets. While other developers are busy building residential and retail space along the Troost corridor, Troost Market Collective co-founders Katie Mabry…
Troost revival: Can a brewpub, retail and 670 housing units mend racial divide?
No turning back now, Ilan Salzberg said. “This is real,” the Wonder lofts developer laughed, gesturing at the freshly installed kitchen cabinetry and hardware in a model apartment unit at 30th Street and Troost Avenue. Wonder is expected to be the first of three major residential developments to open between 27th Street and Armour Boulevard…