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
1MC recap: program traces roots, features The Swapping Co., OneDayKC
Kansas City’s 1 Million Cups tried something new today. And by new, it was actually old. The event met in its original venue, Kauffman Labs, which served as an intimate setting for attendees. Entrepreneurs and community members gathered around desks and viewed presentations projected onto a white board. “The venue change happened today because our…
Coming UMKC innovation center to serve students, entrepreneurs
With funding shored up from private and public donors, the University of Missouri-Kansas City is planning to move ahead with its plan to build the Robert W. Plaster Free Enterprise Center to support students and entrepreneurs. Missouri Gov. Jay Nixon announced Tuesday that the state is allocating $7.4 million to the center, which represents half…
Security firm Nodal nabs $100K, ramps up hiring
Good news is stacking up for Kansas City-based Nodal Industries. The security hardware tech company recently snagged $100,000 in seed funding as part of an opportunity to participate in the 500 Startup accelerator program, based in Mountain View, Calif. The funding will allow Nodal to hire up to eight people, as well as ramp up production…
Play-It Health lands in top-ranked digital health accelerator
As with many successful startups, the idea for Play-It Health was born out of personal experience with an unsolved industry need. Kim Gandy, a former clinician and now the founder and CEO of Play-It Health, recognized that patients were having trouble engaging and adhering to their medical regimen. In the worst cases, this led to…