Startups Slowly Bringing Jobs to Columbia

3 years 6 months 2 weeks ago Tuesday, May 27 2014 May 27, 2014 Tuesday, May 27, 2014 8:33:00 PM CDT May 27, 2014 in News
By: Beth Anne Carroll, KOMU 8 Reporter
loading

COLUMBIA - As more entrepreneurs choose to start their new businesses in Columbia, residents can find more job opportunities. 

In 2011, J. Michael Roach and his wife, Nelly, joined forces with two others to create KimberMedia, a sister company for their original company, Caledon Virtual. But Roach does not think of the business as a full-fledged company just yet.

"I think we're still in the startup phase. I think there are some things about it that we have figured out that work. But at the same time, there are things about the process that we know don't work," Roach said. "So I'd say we're at about 50 or 60 percent in terms of a long-term process, there's still that 40 or 50 percent that's not where it needs to be."

Despite taking time to develop into full companies with several employees, startups create several new job opportunities in Columbia.

According to youreconomy.org statistics for Columbia, from 2011-2012 the number of new startups in Columbia increased by 25.3 percent and created 568 jobs.

Regional Economic Development, Inc. aims to continue the success of employment from local startups.

"Our strategy actually is if we can work year in and year out to create entrepreneurial companies, startup opportunities will become significant employers in the community," REDI President Mike Brooks said.

As the number of startups increases throughout mid-Missouri, Roach thinks there are a number of factors that contribute to this growth.

"I think part of the appeal of startups in the mid-Missouri area is due to really just an increase in the idea of startups nationwide. I think that's a part of it. A part of it certainly has to do with deliberate efforts from REDI from MU and other key players that are actively pushing it and fertilizing that process as well as the university in general helps to facilitate that. It's an ever-changing town full of energy and constant change."

Matt Fischer owns SportsFormulator and currently only has two interns, but he hopes he can add full-time employees soon. He said he thinks startups will soon be an important part of the local economy.

"I think we can bring a lot because we all have small businesses that are one or two person businesses right now, but all are capable of growing here locally to employ several different people. I think we will see a year, two years, three years down the line once you start getting that additional funding to bring people on full time I think you'll see quite a bit of job growth from the incubator here and all through the area."

While Roach does think startups are important contributors to the local economy, he said it's only one important part of job growth.

"I don't think there's any one solution for creating jobs. Like anything else in life it's going to be like a campaign. You're going to have a lot of different pieces working together. We're really going to allow for all of those things to come together," Roach said. "Some are going to contribute more at certain times than others. You're going to find those benefits coming from all sorts of venues. It can be from startups that expand and hire, it could be from mergers, from off-shoots and it can also be from existing companies just continuing to expand."

Brooks said REDI plans to continue to help entrepreneurs jump start their businesses and bring more jobs and business opportunities to Columbia.

"We're interested in facilitating job growth and one of the ongoing efforts that we can employ is to support entrepreneurial job growth. You know, looking at the assets that we have in the community, working with those that have that interest, and again we have people in the community that have ideas of what they want to do to start a business. One of the key things we're trying to do is support those entrepreneurial efforts because it is a long-term job growth strategy."

For now, Roach will focus on turning his startup into a business.

"You've got to be very curious, very keen to measure, very OK with failure because you're not trying to make an idea, you're trying to see if it will work," Roach said. "There's a very fine line between never giving up and knowing when to give up. And I think that's where the curiosity really have to come from."

Business owners and REDI alike think startups could play a big role in Columbia's future economy. 

More News

Grid
List
COLUMBIA - The Missouri State Highway Patrol has confirmed it has fired Trooper Anthony Piercy. KOMU 8 spoke to... More >>
55 minutes ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:42:00 PM CST December 15, 2017 in News
COLUMBIA - St. Louis officers arrested a suspect that was on the run in a duplex on Sears Court in... More >>
1 hour ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:29:00 PM CST December 15, 2017 in News
COLUMBIA - The application for the top education position in the state, Missouri State Education Board Commissioner, opened Friday leaving... More >>
1 hour ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 8:02:00 PM CST December 15, 2017 in News
BLUE SPRINGS (AP) — A commercial real estate records company based in suburban Kansas City has abruptly shut down, leaving... More >>
1 hour ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:42:00 PM CST December 15, 2017 in News
COLUMBIA - The Columbia Fire Department say a house fire that killed a cat Friday afternoon started in the kitchen.... More >>
2 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:29:00 PM CST December 15, 2017 in News
COLUMBIA - For the past six years Ryan Shultz, the creator/owner of the Candy Cane Crib, has shared a well-lit... More >>
2 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 7:17:00 PM CST December 15, 2017 in News
COLUMBIA - The Centers for Disease Control and Prevention said around half of adults in the U.S. struggle with understanding... More >>
3 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 6:00:00 PM CST December 15, 2017 in Continuous News
OLATHE, Kan. (AP) — A Blue Springs, Missouri, man has pleaded guilty to kidnapping and raping a sheriff's deputy... More >>
4 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 4:51:08 PM CST December 15, 2017 in News
KANSAS CITY, Mo. (AP) — Ten people are facing federal indictment in a $5.4 million methamphetamine distribution conspiracy. ... More >>
5 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 4:07:15 PM CST December 15, 2017 in News
COLUMBIA - Several new businesses will open in Columbia at the start of the new year. Wheely's Cafe, a... More >>
5 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:49:00 PM CST December 15, 2017 in Continuous News
INDEPENDENCE - Police have now cancelled an endangered silver advisory for a 73-year-old woman with dementia who might have been... More >>
5 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:43:00 PM CST December 15, 2017 in News
JEFFERSON CITY – The Jefferson City Public School Boundaries Committee began discussions on boundary lines for the city’s new high... More >>
6 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:29:00 PM CST December 15, 2017 in News
HOLTS SUMMIT - Holts Summit's board of aldermen met Thursday night to discuss creating a city-owned shelter. Currently, the... More >>
6 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 3:07:00 PM CST December 15, 2017 in News
SEDALIA (AP) — The former administrator of an ambulance service in central Missouri has pleaded guilty to embezzling more... More >>
6 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 2:52:00 PM CST December 15, 2017 in News
COLUMBIA - Police said a 42-year-old woman went missing Friday morning and was considered at risk because of medical conditions.... More >>
7 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 2:11:00 PM CST December 15, 2017 in News
ST. LOUIS (AP) — Some HIV-positive patients in nearly half the counties in Missouri will lose health insurance coverage next... More >>
8 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 1:02:12 PM CST December 15, 2017 in News
ST. LOUIS (AP) — A 37-year-old man is charged in the shooting of two suburban St. Louis police officers who... More >>
9 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 12:28:00 PM CST December 15, 2017 in News
MONTGOMERY CITY - The Montgomery County Coroner's office is investigating how a person died after a house fire Thursday afternoon... More >>
9 hours ago Friday, December 15 2017 Dec 15, 2017 Friday, December 15, 2017 12:15:00 PM CST December 15, 2017 in News
Columbia, MO
Broken Clouds 35°
10pm 35°
11pm 36°
12am 36°
1am 36°

Select a station to view its upcoming schedule:

Coming Up Next

8:00p
Dateline NBC
10:00p
KOMU 8 News @ 10
10:35p
The Tonight Show Starring Jimmy Fallon
9:30p
Seinfeld
10:00p
Seinfeld
10:30p
Rules of Engagement

Tonight's Schedule

7:00p
Blindspot
8:00p
Dateline NBC
7:00p
The 86th Annual Hollywood Christmas Parade
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld