,

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

        Kelli and Glen Dakan, Liquify Group

        Prestio founder dissolves headaches of business closings, pivots with Liquify Group

        By Tommy Felts | March 5, 2019

        Closing a brick-and-mortar space is difficult enough, said Glen Dakan. Why should entrepreneurs be forced to endure the pains of offloading expensive equipment too? Such a predicament prompted Dakan and his partners to create a remedy for the common pain point: Liquify Group, a newly launched service that helps businesses liquidate their assets through a simple,…

        Bryan Shannon, TicketRX MSTS

        Once a near-throwaway startup idea, TicketRX sells to Overland Park fintech firm MSTS

        By Tommy Felts | March 4, 2019

        From bootstrapped to exit, Kansas City citation solutions platform TicketRX on Monday announced its sale to an Overland Park fintech company with global reach. “I’m excited to bring our mobile, AI-driven technology under the MSTS umbrella,” said Bryan Shannon, TicketRX founder and CEO. “MSTS’s long history and leadership experience in the transportation industry will ensure…

        EDCKC selects 2019 Cornerstone Awards finalists; May celebration to honor Emanuel Cleaver

        By Tommy Felts | March 4, 2019

        Innovators and leaders in new construction, redevelopment, capital investments, job creation and expansion projects in Kansas City, Missouri, are set to be honored in late May at the 2019 Cornerstone Awards. The Economic Development Corporation of Kansas City, Missouri, (EDCKC) announced 22 finalists for the honors today. “The Cornerstone Awards are a chance to take…

        KC Rising update

        KC Rising update: Kansas City falling short in economic race with peer markets

        By Tommy Felts | March 3, 2019

        Bill Gautreaux sounded the alarm with a mixed refrain meant as a KC Rising call to action: “We’re good, but we’re not good enough.” Throughout a recent KC Rising update on the region’s economic growth, Gautreaux and other KC Rising leaders championed Kansas City’s efforts to move the needle, while also lamenting the slow speed…