Missouri leads nation in new business creation

2 years 5 months 4 weeks ago Tuesday, October 27 2015 Oct 27, 2015 Tuesday, October 27, 2015 9:17:00 AM CDT October 27, 2015 in News
By: Jasmine Lee, KOMU 8 Reporter
loading

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
SPANISH LAKE (AP) — Police said they discovered the bodies of two men and a woman inside a suburban St.... More >>
54 minutes ago Thursday, April 26 2018 Apr 26, 2018 Thursday, April 26, 2018 9:18:42 AM CDT April 26, 2018 in News
COLUMBIA - A rollover crash on the I-70 outer road early Thursday morning sent two people to the hospital. ... More >>
1 hour ago Thursday, April 26 2018 Apr 26, 2018 Thursday, April 26, 2018 8:28:00 AM CDT April 26, 2018 in News
STRAFFORD (AP) — Authorities say a homeless hitchhiker has died from a stab wound that he suffered while scuffling with... More >>
2 hours ago Thursday, April 26 2018 Apr 26, 2018 Thursday, April 26, 2018 7:43:30 AM CDT April 26, 2018 in News
SPANISH LAKE (AP) — Authorities are investigating after three people were killed and a woman was injured in suburban St.... More >>
2 hours ago Thursday, April 26 2018 Apr 26, 2018 Thursday, April 26, 2018 7:37:21 AM CDT April 26, 2018 in News
COLUMBIA - A man is suffering from a gunshot wound after an argument in the parking lot of the... More >>
5 hours ago Thursday, April 26 2018 Apr 26, 2018 Thursday, April 26, 2018 4:40:00 AM CDT April 26, 2018 in News
HOLTS SUMMIT - Joshua Lee is a retired sergeant from the Missouri National Guard where he served from 2007 to... More >>
14 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 8:00:00 PM CDT April 25, 2018 in News
COLUMBIA - The Food Bank of Central and Northeast Missouri moved to a new location to help feed more people... More >>
14 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 7:34:00 PM CDT April 25, 2018 in News
JEFFERSON CITY (AP) — A Missouri House committee investigating Republican Gov. Eric Greitens has hired former state Supreme... More >>
14 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 7:32:00 PM CDT April 25, 2018 in Continuous News
COLUMBIA - MU researchers say there will be 600 million people with some level of diabetic blindness by the year... More >>
14 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 7:27:00 PM CDT April 25, 2018 in News
COLUMBIA - The Downtown Leadership Council wants more parking spaces for customers and visitors downtown. The Downtown Leadership Council... More >>
15 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 6:58:00 PM CDT April 25, 2018 in News
SWEET SPRINGS - As temperatures rise in Central Missouri, so do fishermen's aspirations of landing their trophy catch. Missouri's lakes... More >>
15 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 6:49:00 PM CDT April 25, 2018 in News
JEFFERSON CITY - Gov. Eric Greitens' attorneys will argue the office of Attorney General Josh Hawley should be blocked from... More >>
15 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 6:22:00 PM CDT April 25, 2018 in News
COLUMBIA - "Organic" and "non-GMO"—these food labels adorn all kinds of products, from breakfast cereal to snack food. And according... More >>
16 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 5:20:00 PM CDT April 25, 2018 in News
BELLERIVE (AP) — The University of Missouri-St. Louis is considering eliminating some degree programs amid financial trouble. A committee... More >>
16 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 5:17:00 PM CDT April 25, 2018 in News
SPRINGFIELD (AP) — Missouri State University and its food supplier are investigating to determine how a small mouse was found... More >>
18 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 3:50:00 PM CDT April 25, 2018 in News
COLUMBIA – A study out this week finds high stress levels among elementary teachers affect student behavior and performance. ... More >>
18 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 3:38:00 PM CDT April 25, 2018 in News
JEFFERSON CITY - More than 100 immigrants gathered to become American citizens at the naturalization ceremony Wednesday afternoon. "It's... More >>
18 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 3:29:00 PM CDT April 25, 2018 in News
JEFFERSON CITY (AP) — Legal experts say Missouri Gov. Eric Greitens was not entitled to use a donor list... More >>
19 hours ago Wednesday, April 25 2018 Apr 25, 2018 Wednesday, April 25, 2018 3:11:56 PM CDT April 25, 2018 in Top Stories
Columbia, MO
Broken Clouds 56°
11am 61°
12pm 63°
1pm 64°
2pm 65°