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
Continuing its hot streak, PayIt wins national pitch contest
Government tech startup PayIt is on a roll. Only weeks after a earning a commendation from Amazon, the Kansas City-based firm recently won a national pitch competition as part of the annual United States Conference of Mayors. PayIt’s mobile and web app that streamlines citizens’ financial interaction with government agencies beat out dozens of other…
Virtual reality hackathon to visualize next-generation ed tech tools
Move over, gamers, virtual reality isn’t just for you anymore. Kansas City will soon host its first-ever virtual reality hackathon, and it’s all about classroom education. The Kansas City Virtual Reality club — which brings together the area’s virtual reality enthusiasts — is challenging virtual- and augmented-reality aficionados to create applications that can help educators…
Pear Deck student engagement tech grows with KC expansion
Kansas City is apparently a fertile area for burgeoning education tech startups. Iowa City-based Pear Deck recently opened a Kansas City office to help develop a sales team for its student engagement platform. And Kansas City’s history in supporting successful education tech firms helped Pear Deck leaders make the expansion decision. Pear Deck CEO Riley…
What ‘Brexit’ can teach us about startups
Editor’s note: The opinions expressed in this commentary are the author’s alone. Zach and Andrew are both financial tech professionals at blooom. If you watch any financial news or follow anyone besides the Kardashians on Twitter, you probably heard that the U.K. faced its own version of armageddon when it recently voted itself out of…