,

Report: Missouri boasts three, top-20 startup cities

May 2, 2016  |  Bobby Burch

Photo by Visit KC.

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:

  1. Sioux Falls, SD
  2. Grand Rapids, MI
  3. Oklahoma City, OK
  4. Lincoln, NE
  5. St. Louis, MO
  6. Salt Lake City, UT
  7. Charlotte, NC
  8. Springfield, MO
  9. Tulsa, OK
  10.  Amarillo, TX
startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      Bobby Burch

      2016 Startups to Watch

        stats here

        Related Posts on Startland News

        We Create KC report: Half of top VC-backed companies tapped early-stage support

        By Tommy Felts | April 5, 2019

        In 2018, 50 percent of the top venture capital-funded companies in Kansas City got their start with early-stage investment programs that emerged after 2012, according to We Create KC 2019, KCSourceLink’s sixth annual state of entrepreneurship report. “That high percentage shows us how important these early-stage investment programs are to our entrepreneurs and our ecosystem,”…

        Jonathan Bender, Flatland, KCPT, photo courtesy of Brad Austin

        KCultivator Q&A: Jonathan Bender boils down his talents to curate KC food scene

        By Tommy Felts | April 5, 2019

        Editor’s note: KCultivators is a lighthearted profile series to highlight people who are meaningfully enriching Kansas City’s entrepreneurial ecosystem. The KCultivator Series is sponsored by Plexpod, a progressive coworking platform offering next generation workspace for entrepreneurs, startups, and growth-stage companies of all sizes. He’s mastered the art of pairing the perfect cookie with the crispest…

        Brendan Reilly, Dan Scott and Richard Neal, Lelex Prime

        Time to see green: 3 startups spring into Digital Sandbox KC proof-of-concept program

        By Tommy Felts | April 4, 2019

        The path from concept to commercialization has three reinvigorated travelers this spring, Jeff Shackelford said Thursday, announcing the latest early-stage entrepreneurs to join Digital Sandbox KC. The program’s newly joined startups include a tech-driven legal solution and two companies using artificial intelligence to innovate their industries, said Shackelford, executive director of Digital Sandbox KC. “As…

        Zenernet defying the status quo, taking on industry giants with OP-fueled solar startup

        By Tommy Felts | April 3, 2019

        Overland Park-based Zenernet is soaking in renewed interest in solar, powering its push to become an industry player on the national stage, said JP Gerken. “The growth potential [for solar] is endless,” said Gerken, founder of solar power service provider Zenernet. “I think we’ve barely scratched the surface on what the potential is with residential…