Top small business opportunities in Columbia

10 months 4 days 6 hours ago May 25, 2016 May 25, 2016 Wednesday, May 25 2016 Wednesday, May 25, 2016 2:41:00 PM CDT in News
By: Hli Yang, KOMU 8 Reporter
loading

COLUMBIA — Columbia's Regional Economic Development Inc. (REDI) hosts an entrepreneur event, 1 Million Cups, every Wednesday morning from 9 a.m. - 10 a.m.

1 Million Cups describes itself as "a free, national program designed to educate, engage, and connect entrepreneurs."

Entrepreneurs in Columbia looking for new business opportunities have an easier way of trying to find the right type and location for their new business. 

According to LaunchScore, the top three small business opportunities in Columbia are data processing services, microbrewery and e-commerce consultants.

LaunchScore, a small business in Michigan run by Andre Laplume, started their business to help entrepreneurs find the right place and the right type of business.

“We’re professors at Michigan Tech and we realized that we could use the methods we were using – to predict what would be needed in a given city,” Laplume said.

Brittany Huhn and her husband, Scott Huhn, opened their data processing business in the middle of March.

Their company, Informed Solutions, offers computer repair, software installation and courses to help residents learn how to use computers or smart phones.

“Our main goal is to be out in the community and working with the community,” Huhn said. “We want them to use their technologies to the fullest.”

Huhn chose Columbia as the location for her business because she said there is a demand for her business.

“There’s just so much opportunity here,” Huhn said. “It’s hard not to pick Columbia.”

According to LaunchScore, they use machine learning algorithms on small business and city data to estimate the value of entrepreneurial opportunities across the United States. Laplume said they compared Columbia to similar cities.

“We compare Columbia to similar cities and their population and income,” Laplume said. “So if Davenport, Iowa, has X amount of microbreweries, we find that cities like Columbia should have X number of microbreweries too. But Columbia only has X amount, so it should have more.”

City of Columbia Business Services Manager Janice Finley said there has been an increase in the number of businesses.

“It increases every year,” Finley said. “We have about 700 new business licenses during the past license year and approximately 490 of those are located inside the city.”

Finley said they have seen a lot of Internet based businesses, massage therapies, microbreweries, restaurants, and assisted living businesses.

LaunchScore ranked the top ten small business opportunities as:

  • Data processing services
  • Microbrewery
  • E-commerce consultants
  • Corporate fitness consultant
  • Apparel-natural fiber clothing
  • Vegetarian restaurants
  • Energy conservation dealers
  • Fish and seafood markets
  • Solar energy systems dealers
  • Internet cafes

LaunchScore updates the list every three months.

More News

Grid
List
JEFFERSON CITY, Mo. (AP) — Missouri's Republican-led House has squashed an attempt by Democrats to expand Medicaid eligibility. Members... More >>
6 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:25:00 PM CDT in News
COLUMBIA - Less than a week away from election day, and Columbia City Council candidates are still working to out... More >>
8 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:49:00 PM CDT in News
ST. LOUIS (AP) — Prosecutors say a Nigerian citizen living in St. Louis was part of a stolen identity fraud... More >>
11 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 6:35:00 PM CDT in News
FULTON - An area man was arrested Wednesday afternoon on suspicion of stealing, trespassing and property damage. The Fulton... More >>
11 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 6:20:00 PM CDT in Coverage From Callaway
HOLTS SUMMIT - Research published in the Journal of the National Cancer Institute shows colon cancer rates have been steadily... More >>
11 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 6:15:00 PM CDT in News
CALLAWAY COUNTY - Two teenagers were arrested Wednesday and accused of ATV theft. According to a release, Callaway County... More >>
11 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 5:56:00 PM CDT in Coverage From Callaway
COLUMBIA - Former MU Interim Chancellor Hank Foley has accepted the position of president at the New York Institute of... More >>
12 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:56:00 PM CDT in Top Stories
CALIFORNIA - Three people were arrested on drug charges Tuesday at the Moniteau County Jail. According to a release... More >>
13 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:26:00 PM CDT in News
LAKE OZARK - Police arrested a man Wednesday morning following a vehicle chase in which the suspect allegedly hit a... More >>
13 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 4:03:00 PM CDT in News
JEFFERSON CITY - It only takes the swinging of a wrecking ball to reduce a historic building to rubble. ... More >>
14 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 3:11:00 PM CDT in News
JEFFERSON CITY - Jefferson City's transit system, JEFFTRAN, wrapped up a series of six public meetings on Wednesday. JEFFTRAN... More >>
15 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 2:08:00 PM CDT in News
INDEPENDENCE (AP) — A suburban Kansas City police office is hospitalized after being injured in a confrontation after short car... More >>
15 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:56:10 PM CDT in News
JEFFERSON CITY (AP) — Lawmakers are advancing a proposal to ban Missouri cities and counties from using red-light cameras. ... More >>
16 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:48:48 PM CDT in News
ST. LOUIS (AP) — Chuck Berry fans will have their chance to pay their respects to the late rock 'n'... More >>
16 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:45:11 PM CDT in News
MONITEAU COUNTY - Police caught a Kansas City man who is accused of multiple burglaries across Missouri, Pennsylvania and Arkansas... More >>
16 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 1:33:00 PM CDT in News
COLUMBIA - Only one state spends less per capita on its public defender system than Missouri: Mississippi. That could... More >>
18 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:27:00 AM CDT in News
JEFFERSON CITY (AP) — The Missouri House has passed a proposal to spend roughly $242 million more than planned this... More >>
18 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:23:07 AM CDT in News
JEFFERSON CITY (AP) — Department of Social Services Acting Director Jennifer Tidball said Missouri still is giving money to Planned... More >>
20 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:49:00 AM CDT in News
Columbia, MO
Broken Clouds 58°
6am 58°
7am 58°
8am 58°
9am 59°

Select a station to view its upcoming schedule:

Coming Up Next

5:00a
KOMU 8 News Today
6:00a
KOMU 8 News Today
7:00a
Today
5:30a
Paid Program
6:00a
King of the Hill
6:30a
King of the Hill

Tonight's Schedule

7:00p
Superstore
7:30p
Powerless
8:00p
Chicago Med
9:00p
The Blacklist: Redemption
7:00p
Supernatural
8:00p
Riverdale
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld