Missouri leads nation in new business creation

1 year 3 months 3 weeks ago October 27, 2015 Oct 27, 2015 Tuesday, October 27 2015 Tuesday, October 27, 2015 9:17:00 AM CDT in News
By: Jasmine Lee, KOMU 8 Reporter
Embed Code Copied

COLUMBIA - Gov. Jay Nixon said on Monday the state saw a 16-percent increase in new businesses and startups in the most recent data. This is more than any other state in the nation. 

The data released by the U.S. Census Bureau was analyzed by the Kauffman Foundation. It showed 1,293 more businesses created in Missouri in 2013 than in 2012. 

In the fiscal year 2015, Missouri ranked as a top ten state for start-up funding, according to Forbes magazine. This is the first time Missouri has ranked in the category. Gov. Nixon signed about $16 million for programs at the Missouri Technology Corporation, a public-private partnership that promotes entrepreneurship.

The top five states for new business creations in 2013 are:

  1. Missouri
  2. Kentucky
  3. Nevada
  4. Colorado
  5. Arkansas

Matt McCormick, the president of the Columbia Chamber of Commerce, said the city is seeing "good things coming out of Columbia." He said the city is starting to see businesses grow again and hiring people. 

"For the most part, everything that we are seeing is some good signs of economic development and indicators of good growth," McCormick said, referring to job growth, low unemployment rates and expansions, including creation of new businesses.

"Especially with startups, Columbia is a great place to be for a number of reasons," McCormick said. "It is a higher-education driven community so there is a constant flux of knowledge from students graduating and staying here and possibly starting their own businesses."

Rachel Carpenter, the operations manager at Seoul Taco, said this announcement may reflect what people think about local businesses.

"People probably enjoy local places, like I would prefer to go to a hole-in-the-wall diner as opposed to IHOP," Carpenter said. "This shows more people can open up their own local businesses and be more successful at it."

Regional Economic Development Incorporated, REDI, President Stacey Button said she has received more applications from people who are interested in starting their own business, this year. 

 

 

More News

Grid
List
COLUMBIA- The University of Missouri System is looking for a chancellor with "a collaborative and transparent leadership style" who is... More >>
46 minutes ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 2:38:00 PM CST in News
COLUMBIA - Promoting residents to interact closely with the police is the main step for city staff to build a... More >>
53 minutes ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 2:31:00 PM CST in News
JEFFERSON CITY - A Columbia man has been charged in federal court on accusations that he played a role in... More >>
1 hour ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 2:13:00 PM CST in News
COLUMBIA - MU Alert reported a gas leak in the area near College Avenue in between Rollins and University Avenue... More >>
2 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 12:51:00 PM CST in News
JOPLIN, Mo. (AP) — A Joplin man alleged that police used excessive force in his 2015 arrest. The Joplin... More >>
5 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 9:53:00 AM CST in News
KANSAS CITY (AP) — Authorities say two teenage cousins have died in a Kansas City crash. The Kansas City... More >>
6 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 8:43:52 AM CST in News
ST. LOUIS (AP) — A 14-year-old boy is recovering from non-life-threatening injuries after being hit by a train in suburban... More >>
7 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 7:33:09 AM CST in News
UNIVERSITY CITY (AP) — Authorities in Missouri are investigating after dozens of headstones were damaged at a Jewish cemetery near... More >>
10 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 4:39:00 AM CST in News
COLUMBIA - As the warm weather approaches, the number of unwanted litters increases, putting a burden on local shelters. ... More >>
12 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 2:30:00 AM CST in Top Stories
HENNEPIN COUNTY, Minnesota - A Missouri construction worker, David Earl Hyde, 38, of Fulton died while on the job in... More >>
17 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 9:54:00 PM CST in News
COLUMBIA - Columbia Regional Airport is about to get the renovation its been hoping for. The small airport currently flies... More >>
19 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 7:37:00 PM CST in News
ST. CHARLES (AP) — Agents from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives are joining the investigation into... More >>
20 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 7:06:00 PM CST in News
JEFFERSON CITY - The Jefferson City City Council approved the Truman Hotel Urban Renewal Plan on Monday evening. The... More >>
20 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 6:42:00 PM CST in News
COLUMBIA - Missouri's new first lady, Dr. Sheena Chestnut Greitens, said she is committed to keeping politics separate from her... More >>
20 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 6:30:00 PM CST in News
COLUMBIA - In the past two decades, the number of fatal opioid overdoses has skyrocketed, and the medical community has... More >>
23 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 3:42:00 PM CST in News
COLUMBIA – As unusually warm weather brings a feeling of early spring across Missouri, it also speeds up the lawn... More >>
23 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 3:27:00 PM CST in News
COLUMBIA - The mayor's medical tourism task force has finalized its recommendations on how to make Columbia a medical hub... More >>
1 day ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 2:35:00 PM CST in News
COLUMBIA - Stress may seem like one of those things that we all talk about being under from time to... More >>
1 day ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 1:47:00 PM CST in News
Columbia, MO
Broken Clouds 67°
4pm 69°
5pm 67°
6pm 63°
7pm 61°

Select a station to view its upcoming schedule:

Coming Up Next

3:00p
Dr. Phil
4:00p
Jeopardy!
4:30p
Jeopardy!
3:00p
The Robert Irvine Show
4:00p
Cops Reloaded
4:30p
The Cleveland Show

Tonight's Schedule

7:00p
The Wall
8:00p
This Is Us
9:00p
Chicago Fire
7:00p
The Flash
8:00p
DC's Legends of Tomorrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld