The COVID-19 crisis and the emergency measures taken to slow its spread continue to impact Missouri's entrepreneurs and small business owners. And yet historically, we know that Missouri startups are vital to our economy.
From 2016 to 2020, new and young businesses with fewer than 20 employees created 169,479 jobs, accounting for nearly 80% of all new jobs in the state.
In addition, the pandemic spurred startups across Missouri: Missouri created 16,287 startup firms in 2020, up from 15,934 in 2019.
The Missouri Department of Economic Development calls small businesses and startup firms the “engines that keep Missouri moving forward."
Continuing to show our support of these job creators will help pave a path through economic recovery for our rural and our urban communities.
Show Me Jobs: The Impact of Missouri Startups
Missouri startups, defined in Show Me Jobs as first-time employers with fewer than 20 employees, create jobs.
MOSourceLink’s Show Me Jobs report quantifies the impact of new and young firms to Missouri’s economy. The report also provides year-to-year comparison data regarding job creation by new and young firms, wage growth and the industrial density of startups.
Download to find out:
- How many new jobs were created by Missouri's first-time employers from 2016 through 2020?
- What is the economic impact of Missouri's startups?
- How many new jobs did tech firms create in Missouri from 2016 to 2020?
- How many startups firms are in Missouri?
- Where are these startups located?
- How much do startup and tech firms pay? And how does that compare to MIssouri's average wage? (Are these good jobs?)
Missouri startups created nearly 80% of all new jobs
in Missouri over the past five year. Download MOSourceLink’s Show Me Jobs
to see the number of jobs they created from 2016 to 2020, where they created them, how startup (and tech) wages compared to the state average and where startup industries are clustered.
Have questions or comments about the Show Me Jobs report or need help hiring your first employee? Contact us at 866-870-6500 or at firstname.lastname@example.org.
MOSourceLInk and the Show Me Jobs Report is generously supported by the Missouri Technology Corporation.