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
After waning state support, Kansas Bioscience Authority will go private
A formerly state-backed investment organization for Kansas bioscience businesses will soon be transitioning from a public to private organization. After dwindling support from the State of Kansas, the Kansas Bioscience Authority’s board recently voted unanimously to shift the organization to the private market in 2016, allowing portfolio companies to partner with investors in the private…
Rightfully Sewn founder stitches a vision for Kansas City’s fashion future
Poised, posh and purposeful, Jennifer Lapka Pfeifer sits straight as a board at Kaldi’s coffee shop with unwavering eye contact. Donning a contoured-floral blue and white dress, Lapka smiles as she poetically recalls painting in high school and learning to sew with her grandmother in rural Kansas. Those experiences fostered a love for fashion, art…
By the Numbers: A look at Midwest tech investment in 2015
Startland News recently distilled a report by Lead Bank and investment research firm CB Insights that analyzed the Midwest tech investing scene. Here are a few more of the findings from the nearly 40-page report, as presented by Startland’s Kat Hungerford.
Shawnee tax incentives aim to lure startups to the ‘burbs
The City of Shawnee is poised to kick off a tax incentive program that hopes to attract “high-growth” tech companies to the area by alleviating initial startup costs. Shawnee City councilman Brandon Kenig said that the “Startup Workforce Relocation and Expansion Program” will encourage job growth and innovation in one of Kansas’ fastest growing cities.…