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
Black & Veatch constructs ideation platform with new accelerator
A new program at area construction giant Black & Veatch hopes to hatch and accelerate innovative ideas by adopting a concept common among startups. The Overland Park-based corporation recently created the B&V Growth Accelerator, which hopes to challenge the global firm’s traditional methods of generating and launching ideas. The internal program is led by nine…
Women in entrepreneurship: How KC stacks up to other cities
Late in 2015 and without much fanfare, the U.S. Census Bureau released its 2012 Survey of Business Owners. The survey is taken every five years and polls more than 1.75 million enterprises, gathering, compiling and releasing the results in a process spanning several years. The survey is the only regularly-collected source of economic and demographic…
KCMO transit plan sets route for automated shuttles to KCI airport
Area residents will ride to the airport on automated shuttles by 2020 if Kansas City officials have their way. In a note to the American Planning Association, Kansas City chief innovation officer Bob Bennett shared the city’s “three pillars” of its bid for a $50 million transportation award. The note details Kansas City’s pitch for…
Civically-minded techies aim to ‘Hack Kansas City’
Tech startups often get a bad wrap for churning out impractical gizmos. It’s not hard to see why when a search of the app store turns up hundreds of applications that all turn on your phone’s flashlight, and even more knockoffs of a popular angry, bird-bombing game. To put techie minds to a more magnanimous…