Studies from 2012 Kauffman Index of Entrepreneurial Activity, published by the Kauffman Foundation, show Missouri is the 6th most entrepreneurial state in the nation!
What draws entrepreneurs here? Could it be our Midwestern friendliness, Kansas City barbecue or our multiple professional sports teams? Maybe…but the data shows that low taxes, low utility bills and an appreciation for small business may be the real reason behind KC’s entrepreneurial boom. Kansas City in particular has a lot of resources for budding entrepreneurs, including the Inventors Club of Kansas City, KC/IABC and of course, Think Big Partners.
In 2011, Missouri saw the most growth in the manufacturing industry, particularly in automobile, science and agriculture businesses. Four hundred of every 100,000 Missourians decided to think big and startup as entrepreneurs. We like those odds.
So who’s our competition? Arizona is number one by quite a bit, with 520 out of every 100,000 people who caught the entrepreneurial bug this year. The other top entrepreneurial states include Texas, California, Colorado and Alaska (that’s right—Alaska!).
Keep on welcoming entrepreneurs to the Show-Me State and encouraging talent to stay local, and we’ll be number one in no time! What do you think draws entrepreneurs to Missouri and the Midwest? Let us know in the comments section!