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
Meet Kansas City’s new chief innovation officer
After a six-month search, the City of Kansas City, Mo., has found a candidate to lead its various tech and innovation initiatives. Kansas City hired Bob Bennett, a 24-year veteran of the U.S. Army, as the city’s second-ever chief innovation officer and will begin leading the City of Fountains’ various tech operations in January. Bennett…
Kansas City to kick off global celebration of entrepreneurship
A week of entrepreneurial jubilation is on its way to Kansas City. Global Entrepreneurship Week, the world’s largest celebration of innovators and job creators, will bring dozens of programs to the area for entrepreneurs of every stripe. Kansas City joins hundreds of cities in more than 140 countries around the world that are participating in…
Schukman: Is social entrepreneurship becoming business as usual?
One year ago, I started building my company by telling the story of social entrepreneurship to the world. Via a podcast, blog and other content, I launched Social Change Nation as the online hub for anyone who aspires to launch a company that makes a dollar AND a difference. At first, I imagined I would…
Events Preview: Midwest.io
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 Midwest.io When: November 9-10 Where: Downtown Marriott Midwest.io is a two-day conference in the heart of the US, bringing together developers for…