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
O’Neill-Rauber: How my business failure begot confidence
I recently closed a business. Walking away, I feel a little lighter, a bit nostalgic, more confident and a lot smarter. My business was an online clothing store called TallChicksRule.com. Great name, right? If you know a female taller than 5’9”, you likely know the plight of tall fashionistas. I’m here to assure you: The struggle is real.…
Events Preview: Global Entrepreneurship Week Continues
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW GEW is packed full of events for entrepreneurs of every stripe. We’ve hand-selected the events geared towards tech, early-stage businesses, education and…
The ‘world’s biggest coworking studio’ is coming to Kansas City
Hoping to capitalize on a homegrown, entrepreneurial Renaissance, the new Westport Commons project will soon house what’s being billed as the largest coworking studio on earth. Kansas City Sustainable Development Partners has partnered with Lenexa-based coworking studio Plexpod to redevelop the 160,000 square-foot Westport Middle School into a coworking space. The school — located on the…
Blooom wins Kauffman Foundation pitch bout, $10K
Can anything stop Blooom? Continuing its streak of wins and successes, the financial tech firm on Wednesday morning won a national pitch contest at the Ewing Marion Kauffman Foundation. Leawood-based Blooom beat out four other finalists in the inaugural One in a Million pitch contest, which initially drew more than 350 applicants. Blooom survived several…