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
Chris Harris transformed a blighted neighborhood with a golf course; now his effort is hitting the road
Teaming up with America’s car clubs is driving a local community change effort to a nationwide scale, said Chris Harris. “I don’t want to stop here,” said Harris, owner and operator of the Harris Park Midtown Sports and Activities Center — officially shifting gears to a “Phase 2” after seeing the positive change caused by…
Father turns grief over son’s loss into healthtech solution for speedier medical records transfers
Chris Jones’ quietly sunny disposition belies the hard knocks peppered throughout his past. Then again, the full-time consultant, masters candidate, and now startup founder sees all past experience as a catalyst for growth, he said. “Everything you’ve been through in life prepares you for this moment, now,” said Jones, founder of MatchRite Care. “So you…
MADE MOBB building streetwear experience, empire with new Crossroads retail store
MADE MOBB’s growing footprint in Kansas City isn’t because of luck, said Mark Launiu, as the streetwear apparel company plans to open its third retail location in July. “If I’m honest with you, this is hard. It’s a lot of work to push the brand and reflect the culture,” said Launiu, co-founder of MADE MOBB/MADE…
Pride underfoot: Founder’s rainbow crosswalk movement met with resistance
KC PrideFest 2019 has come and gone, but one voice in Kansas City’s startup community is advocating for a year-around symbol of LGBTQ+ support. “I want something that’s going to be more permanent than a sticker on the streetcar,” said Brandon Love, referencing the recently unveiled KC streetcar that sports a wraparound rainbow design. “That’s…