Report: Kansas City is ‘meh’ for millennial entrepreneurs
September 30, 2015 | Bobby Burch
A recent survey found that young entrepreneurs view Kansas City as a rather pedestrian locale to launch a business.
Millennial entrepreneurs ranked Kansas City as the 30th best city to start a business, according to a Thumbtack survey of about 3,700 entrepreneurs aged 34 and under. Thumbtack, which created a marketplace that connects professional service providers with customers, asked millennial entrepreneurs questions about the friendliness of local tax laws, licensing rules, the regulatory environment, training and networking opportunities and more.
Despite facing a sluggish economy after the Great Recession, millennial entrepreneurs have been launching a high number of startups and are looking for the best environments to do so.
In 2011, entrepreneurs age 20 to 34 were on average creating about 160,000 businesses each month, according to a study by the U.S. Chamber of Commerce Foundation. 27 percent of millennials in 2011 identified as self-employed.
Birmingham, Alabama earned the top ranking, followed by Boise, Idaho, Boulder, Colo., and Nashville, Tenn., respectively. Omaha earned a No. 12 ranking in the survey while St. Louis ranked as the 81st best place for millennial entrepreneurs. The survey evaluated 95 cities in total.
2015 Startups to Watch
stats here
Related Posts on Startland News
KC Digital Drive creates lab to test drive gigabit apps
Ever since Google Fiber announced Kansas City as its first fiber project, techies across the nation have wondered how gigabit Internet will shape a new wave of innovation and how the city would tap its new infrastructure. And thanks to a new KC Digital Drive initiative, Kansas Citians may have an up-close look at the…
New UMKC center to engage entrepreneurs, community
The University of Missouri-Kansas City recently solidified funds to build an innovation center to serve a broader set of students and the Kansas City community. The $14.8-million Robert W. Plaster Free Enterprise Center will feature a variety of resources for students and the larger business community, including a lab, rapid prototyping equipment, 3D printers and…