5 min read
Lawrence, United States #727 Position in Global Startup Ecosystem Ranking
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City Scores
City Total Score
0.2
Overall ranking score
Quality Score
0.03
Ecosystem quality rating
Quantity Score
0.01
Ecosystem size rating
Business Score
0.16
Business environment rating
Score Distribution
Score Comparison
MeanCEO Index Click to scroll to details
Startup Ecosystem in Lawrence, Kansas ๐
TL;DR
Lawrence is currently ranked as the 727th city in the Global F/MS โBest Cities for Startupsโ Index. Known for its vibrant community and academic influence, Lawrence fosters a promising environment for startups, particularly in the tech and creative sectors.
Startup-Friendly Stuff ๐
1. Ease of Company Registration
- Business Registration: Simplified processes with online options available.
- Local Support: The city provides resources through local chambers of commerce and startup hubs.
2. Employment Law ๐ข
- Labor Regulations: A clear legal framework supports employee rights while remaining accessible to small businesses.
- Hiring Foreign Talent: Navigable rules for hiring foreign workers, though work permits are required.
3. Taxation ๐ฐ
- Corporate Tax Rate: Competitive corporate tax rates, generally around 4% for businesses.
- Incentives: Potential tax rebates for tech and innovative startups.
4. Quality of Life ๐
- Living Standards: High quality of life with affordable housing, making it attractive for entrepreneurs.
- Culture and Leisure: A rich cultural scene with music festivals, arts events, and outdoor activities.
5. Bureaucracy ๐๏ธ
- Ease of Navigation: Generally straightforward processes for permits and registrations.
- Local Entrepreneurial Support: Programs aimed at reducing red tape for new businesses.
6. Visas for Entrepreneurs ๐
- Startup Visas & Permits: Basic options available for foreign entrepreneurs looking to establish businesses.
- Residency Options: Accessible pathways for long-term stays under certain conditions.
Startup Community ๐ค
7. Networking Events
- Regular meetups, workshops, and pitch events fueled by local universities and innovation centers.
- Strong emphasis on community-building initiatives among entrepreneurs.
8. Subsidies and Funding ๐ต
- Local government and private entities often offer grants for specific sectors, especially technology and education.
- Various incubator programs provide seed funding and mentorship.
9. Venture Capital (VC) Presence
- Investments: Limited but growing involvement from VC firms concentrating on early-stage funding.
- Emerging Firms: A budding community of local angel investors actively supporting startups.
10. Incubators & Accelerators ๐
- Home to several incubators focusing on tech startups and creative industries.
- Programs integrate mentorship and access to funding opportunities.
Technology & Industry Priorities ๐ง
- Focus Areas: Education technology, IT, healthcare innovation, and sustainable energy solutions.
- Government Initiatives: Programs specifically designed to encourage tech-based development.
Business Culture ๐๏ธ
- Language: English is predominantly used in business; local dialects foster a unique conversational style.
- Work Environment: Collaborative and community-focused; innovative spirit thrives in a supportive context.
General Pros and Cons โ๏ธ
Pros:
- Affordable living costs create a low barrier to entry for startups.
- Strong local support networks and resources.
- Access to university talent and facilities drives innovation.
Cons:
- Limited access to larger VC firms compared to major cities.
- May require more outreach to connect with broader industry networks.
Initiatives for Female Entrepreneurs ๐ฉโ๐ผ
- Growing network of programs aimed at empowering women in business.
- Initiatives focus on funding opportunities and mentorship from established female leaders.
Lawrence presents a nurturing environment for startups, combining affordability with a supportive community. Entrepreneurs will find a wealth of resources and opportunities ready to be explored. ๐
MeanCEO Index for Lawrence, Kansas ๐
Lawrence, Kansas, is emerging as a promising startup hub. But how does it measure up for female entrepreneurs? Letโs break down the MeanCEO Index score based on ten essential factors that influence the entrepreneurial landscape.
1. Weather โ๏ธ
- Score: 6/10
- Lawrence enjoys a mix of seasons, with warm summers, though winters can get chilly. The average number of sunny days is decent, but it doesnโt quite reach the sunny heights of coastal cities.
2. Location ๐๏ธ
- Score: 5/10
- While Lawrence is not directly on the coast, it offers accessibility to beautiful landscapes and outdoor activities. However, it lacks proximity to a swimming beach, which means fewer leisure opportunities by the water.
3. Women Friendly ๐ฉโ๐ผ
- Score: 8/10
- Lawrence fosters a supportive culture for women, with several initiatives aimed at empowering female entrepreneurs. The community has a positive view on gender equality, which enriches the business environment.
4. Foreigners Friendly ๐
- Score: 7/10
- The city is welcoming to newcomers, featuring a friendly local atmosphere. However, smaller towns may present initial challenges in forming connections across cultures.
5. English as a Business Language ๐
- Score: 10/10
- English is the predominant language in business and everyday conversations, which removes many barriers for non-native speakers looking to start businesses.
6. Delicious Cuisine ๐ฝ๏ธ
- Score: 6/10
- Lawrence has a growing food scene, though it may not match the culinary fame of larger cities. Local cuisine is tasty, but the diversity is limited compared to culinary hotspots. Points are awarded for local flavors and healthy offerings.
7. Ease of Getting Married and Starting a Family ๐
- Score: 7/10
- The community is friendly and family-oriented, enhancing the dating scene. While attractive prospects exist, the smaller population might limit options somewhat.
8. Medicine ๐ฅ
- Score: 7/10
- Healthcare facilities are accessible, though availability can vary. Scheduling appointments is manageable, making it a reasonable environment for healthcare needs.
9. Ease of Transportation & Traveling ๐
- Score: 5/10
- Lawrence relies more on personal vehicles, with limited public transportation options. While itโs manageable for locals, it can be less favorable for newcomers reliant on public transit. The closest major airport is further away.
10. Startup Mindset ๐ก
- Score: 9/10
- The local community embraces innovation, encouraging resilience and a positive attitude towards learning from failures. Plenty of resources and support systems are in place to foster entrepreneurship.
MeanCEO Index Score: 68/100 ๐
Lawrence, Kansas, stands out as a nurturing environment for female entrepreneurs. While it may not have some of the perks of larger cities, its supportive community, accessible resources, and a strong startup mindset create an inspiring atmosphere for women in business. With a focus on collaboration, creativity, and development, Lawrence offers ample opportunities for growthโready to explore this vibrant ecosystem? ๐