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
T’was the night before disruption … A startup Christmas poem
With inspiration from Clement Clarke Moore’s classic A Visit from St. Nicholas, Startland News wanted to take a creative crack at wishing our readers a merry Christmas and happy holidays. Hope you enjoy 🙂 T’was the night before Christmas when all through the land, Not a founder was sleeping, for at work they still stand.…
KCRise Fund invests in PEQ and Dunami
The KCRise Fund announced two investments in area firms Thursday to round out its 2016. Launched in February in conjunction with the KC Rising economic initiative, the KCRise Fund joined ongoing investment rounds in tech firms PEQ and Dunami. Kansas City-based PEQ is an Internet of Things service enabler that created an operating system for…
Missouri job growth among the best in the U.S.
Missouri job growth among the best in the U.S. In 2016, the Show Me State gained 57,100 jobs — a figure that topped all 8 of Missouri’s neighboring states. In addition to job growth, Missouri’s unemployment rate decreased .4 percent during the past month, according to a recent report by the U.S. Bureau of Labor…
‘Nerds’ want to retool Kansas City nonprofits’ websites
‘Tis the season to help your fellow man — and their website. That seems to be the driving force behind a volunteer-led program to improve the digital presence of several Kansas City nonprofits. The Nerdery and its foundation will host the Overnight Website Challenge, which over the years has tapped hundreds of volunteers to complete…