No MO: Kansas City, St. Louis drop off Inc list of ‘50 Best Cities for Starting a Business’
January 6, 2020 | Startland News Staff
Shots fired. A new ranking by Inc. magazine claims startup powerhouse Austin, Texas, is “leading the nation in job creation and high-growth company density — and delish BBQ.”
Kansas City? Not even on the list.
Inc.’s Surge Cities index — detailing what founders can learn from the 50 Best U.S. Cities for Starting a Business in 2020 — totally omitted KC from its latest ranking after putting the City of Fountains at No. 40 in 2019.
St. Louis (ranked No. 33 in 2019) also dropped from the index.
Austin, Texas
The report considered such elements as job creation, population growth, net business creation, rate of entrepreneurship, wage growth, high-growth company density, and early-stage fundraising deals — all areas where Austin excelled, editors said. (The Texas capital city also ranked No. 1 in 2019.)
“Austin is one of the few markets that is able to support a full range of kinds of startups — like Silicon Valley or New York,” said Joshua Baer, the founder of Capital Factory, the city’s dominant startup incubator, in the Inc. report. “It’s because we have a diverse set of strengths in our background.”
In contrast, Kansas City’s business ecosystem is dominated by the health care industry, which accounts four of its top five private sector employers, according to Inc.
Other peer cities on the list: Boise (No. 5); Nashville (No. 11); Oklahoma City (No. 39); Minneapolis (No. 40); Columbus (No. 44); Tulsa (No. 47); Des Moines (No. 48); and Indianapolis (No. 50).
Click here for the full list of Inc.’s 50 Best U.S. Cities for Starting a Business in 2020.
2020 Startups to Watch
stats here
Related Posts on Startland News
Ready to bet big? Kansas wants to help entrepreneurs win more federal innovation grants
Kansas innovators now have access to a new tool designed to help them compete for major federal funding. The Kansas Department of Commerce has opened applications for the state’s SBIR and STTR Matching Program, which provides financial support and hands-on guidance for entrepreneurs pursuing federal innovation grants. The matching initiative is part of ACCEL-KS, a…
New Maker of the Year: Why this mom’s side hustle for the girly girls couldn’t stay at home
A hobbyist venture that began with making shirts for her kids has earned Julie Swopes a spot on Made in KC’s shelves for her Chiefs- and Royals-inspired tees — along with one of the local-first retailer’s top honors: KC New Maker of the Year for 2025. “I’m just a stay-at-home mom that has turned her…
Don’t be a stranger: When this Crossroads refuge closes, another chapter begins for Afterword (and the space it leaves behind)
With two more Open Mic Nights and more than a month left on its lease at Afterword Tavern & Shelves — a cozy corner hotspot where patrons leisurely bond over drinks and good reads — the popular Crossroads third-space isn’t finished telling its story despite losing the space to its new landlord, said Kate Hall.…
Exporting KC to the world: Esports leader revs come-from-behind global takeover amid World Cup’s big draw
As the metro bundled up and showed out Friday, getting its latest taste of what the 2026 World Cup has in store, the Kansas City Pioneers dropped new heat — raising the thermostat on their commitment to seize the moment brought forth by the global gathering as a net for esports. “Now is the time for…