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
Evolving attitudes, laws dissolving risks on mainstream CBD, hemp ventures, experts say
The smoke is lifting on cannabis as a commodity, Heather Steppe said, grateful for the entrepreneurial opportunity a waning stigma has created for her family. “Our farmers are finally getting an opportunity to grow this plant and, by God, we’re going to be some of the people who support them,” Steppe said, looking out…
H&R Block co-founder, legend of KC entrepreneurism Henry Bloch dies at 96
Henry Bloch’s contributions to Kansas City will last generations, business leaders said Tuesday, as word spread of the H&R Block co-founder’s death. “Henry Bloch was an absolute champion of Kansas City in everything he did,” said Joe Reardon, president and CEO of the Greater Kansas City Chamber of Commerce. “From business endeavors involving H&R Block,…
After $1.25M seed round, Sprint alumni credit KC roots for Rogue Games’ agility, hungry hustle
At just over 2 years old, a formerly indie mobile game publisher is rocketing to the top of its industry, with one of its founders attributing LA-based Rogue Games’ success to its origins in KC. “We take pride that our Kansas City roots have given us an edge in the industry, to be honest with…
KCMO ready to do business with marijuana startups; entrepreneurs of color see ‘catalyst for empowerment’
A green rush is soaking up sunshine in Missouri, and if attitudes of state officials, businesses owners and marijuana advocates are any indication, Kansas City is fertile ground for the movement. “We have a huge diversity of business opportunities,” said Rick Usher, KCMO assistant city manager for entrepreneurship and small business. Usher is spearheading the…