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
New UMKC center to engage entrepreneurs, community
The University of Missouri-Kansas City recently solidified funds to build an innovation center to serve a broader set of students and the Kansas City community. The $14.8-million Robert W. Plaster Free Enterprise Center will feature a variety of resources for students and the larger business community, including a lab, rapid prototyping equipment, 3D printers and…
Claimkit snags ‘aspirational entrepreneur’ award
Overland Park-based tech startup ClaimKit recently was dubbed 2015’s most “aspirational entrepreneur” by the Greater Kansas City Chamber of Commerce. Founded in 2011, Claimkit created a contract management platform for insurance companies, law firms and consulting groups to help them more efficiently collect and analyze documents. Now with five full time staff, the company in…
C2FO CEO Sandy Kemper talks failure, VCs, maximizing time
From a Kansas City arena to the founders of one of the nation’s largest financial institutions, the Kemper name is well known in Kansas City. But it’s more than just Sandy Kemper’s name that drew a sold out crowd at Kansas City’s May Startup Grind event. Kemper leads one of Kansas City’s fastest growing companies…