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
The future’s around the corner at KC’s Compute Midwest
Bold ideas with the promise to revolutionize tomorrow are heading to the City of Fountains for a growing technology conference. Now in its fourth year, Compute Midwest is set to explore technologies and ideas transforming the future, including space travel, self-driving cars and artificial intelligence. In addition to learning about the latest in technology, Compute…
Tour the UMKC Entrepreneur Hall of Fame
Startland News took the opportunity Friday to tour the UMKC Entrepreneur Hall of Fame, which opened in late 2014. The hall aims not only to educate visitors on remarkable Kansas City businesspeople, but also celebrate the area’s entrepreneurial spirit. Enjoy!
Google selects two Kansas Citians to bridge digital divide
Two Kansas Citians hope to increase digital inclusion by participating in a new fellowship opportunity through Google Fiber. Google announced Friday that Eze Redwood and Leslie Scott were selected to participate in Google Fiber’s Digital Inclusion Fellowship program, a year-long program created to help community organizations get more people connected to the Web. In partnership…
Acre Designs to build KC’s first ‘net-zero’ home
A local design and architecture firm is building the Kansas City metro’s first net-zero home that will serve as a test lab for innovators aiming to create new smart home technologies. Acre Designs is now wrapping up design plans of its “Axiom House,” a 1,650 square-foot, solar-powered home that eventually will serve as a test…