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
Beyond language barriers: DivvyHQ partners with translation tech firm for greater global reach
A newly announced partnership provides DivvyHQ an expanded toolset to open the doors to a global market — translating and delivering any type of marketing-related content across any device, channel or language, said Brock Stechman. “We’ve been working so hard over the past few years to really build this company from the ground up,” said…
Techweek dedicating Oct. 10 afternoon programming to diversity in KC business culture
A first-time programming track dedicated to diversity and inclusion issues is an intentional effort by Techweek Kansas City organizers to open a needed conversation about true representation in the city’s business culture, said Drew Solomon. The mid-point of the Oct. 8-12 Techweek KC event series is expected to feature an afternoon of panel discussions and…
‘Millennial’ isn’t a curse word — it’s a critical marketing tool, says Social Apex Media
Social Apex Media is designed to feed the creativity of hungry millennial entrepreneurs who don’t fit into the corporate culture of many other marketing agencies, said Brandon Priest. “We’re building Social Apex on the backs of entrepreneurs. That means instead of employees who feel like, ‘OK, I just got to work 9 to 5 every…
ProfessionalChats founders on high growth: Don’t reinvent the wheel, just make it better
Entrepreneurship isn’t like Shark Tank, said the co-founders of rapidly expanding Kansas City startup ProfessionalChats. “I think people get confused in the Kansas City entrepreneurship community and they think they need to have an original idea that nobody’s ever done before and they need funding,” said Scott Hansen, co-founder, and CEO. Outside funding doesn’t necessarily…