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
Mayor Sly James helps startup 1 Minute Candidate build, win competition
Kansas City Mayor Sly James stepped up this Sunday to help a team of entrepreneurs win a competition in which they built a business in 54 hours. James, a well-known cheerleader of Kansas City’s startup community, helped political-tech startup 1 Minute Candidate launch its platform at Startup Weekend Kansas City, a event in which entrepreneurial-hopefuls…
Local weight lifting tech firm Rack Performance lands $250K
A Lenexa-based tech company is racking up investment capital to further develop its weight room management software. Rack Performance recently raised $250,000 from local, private investors that will help the company advance the second version of its software. Rack Performance built a web-based, weight room and group fitness platform to help coaches and trainers efficiently…
FitBark wags its way into nationwide retailer
Animal tech company FitBark is now selling its dog activity-tracking device in Target stores nationwide. The deal will place its product in front of millions of consumers each year at Target’s nearly 1,800 U.S. locations. FitBark’s animal tracking device will be featured among Target’s new “Connected-Life” section, which features other Internet-enabled products such as wireless…
Kansas City startup ‘walks the talk,’ bungee jumps
Sara Davidson doesn’t lightly espouse a message of fearlessness in business. And that’s why Davidson, the founder of Hello Fearless, is live broadcasting her jump off a cable car in Switzerland. Davidson is hoping to inspire other women around the world to conquer their fears not only with a live-streamed bungee jump — out of a…