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
Husch Blackwell’s Jeff Simon hopes outreach, Techweek grow KC’s organic startup community
Editor’s note: This story is sponsored by Techweek, but independently produced by Startland News. Give now, get later. That’s the mindset Jeff Simon, managing partner of Husch Blackwell’s Kansas City office, instills in his team of attorneys to not only encourage networking, but also build a stronger Kansas City. Empowering his attorneys with autonomy to…
Whiteboard2Boardroom schools startup on valuable connections
Without Whiteboard2Boardroom, many student-led innovations might be forever stalled in the world of academia. Instead, the program is credited with helping to accelerate the commercialization of such projects to the tune of 129 new jobs and $26.2 million in follow-on funding, according to a recent progress report. W2B has worked with 35 startups and engaged…
Techstars Spotlight: Sexy STEM jobs? They’re not for everyone, NexusEdge says
Shanti Akkineni and Eddie Lin are self-proclaimed “serial job hoppers.” It’s a frustrating reality for many, Akkineni said, because of a lack of mentorship accessibility and job awareness. She herself has experienced employment in five different industries within a decade, she said. “I would go to work Monday morning, sit at my desk and not…
Tech startup to assist in donating American Royal BBQ leftovers
If there’s one thing Kansas City celebrates more than entrepreneurship, it’s barbecue. A local startup, Tappecue, plans to use its technology this weekend at the American Royal BBQ competition to assist in donating leftover food to the hungry. Tappecue is a cloud-based “smart” barbecue thermometer, with which BBQ aficionados can monitor meat temperatures via a…