In INC. Magazine, entrepreneur Kenny Kline, EN ’08, MSF ’08—cofounder of online strength-based competition and training publisher BarBend—has some simple advice for other startup founders: Get an entire city behind you.
Kline first moved to St. Louis to attend WashU and ended up staying for several years after graduating because “St. Louis is a vibrant place with a lot of cool stuff going on.” Combine that with the relatively low cost of living and the city is a great place to start a business.
From the nonprofit Arch Grants program (which offers funding with no equity) to the Cortex Innovation Community (a 200-acre innovation hub and technology district in the heart of St. Louis), Cultivation Capital (a venture capital firm that supports multiple accelerator programs), and SixThirty (a global FinTech venture fund and business development program), St. Louis promises no shortage of resources for budding entrepreneurs.
And it’s exactly resources like these that explain why entrepreneurs are increasingly willing to leave the traditional startup hubs in search of greener (and more cost-effective) pastures. Those entrepreneurs who are brave enough to break with convention are finding boundless support in the middle of America.
In addition to sharing his own experiences, Kline (who also has an MBA from Columbia Business School) speaks with Michael Seaman, founder of SwipeSum, who moved his company from LA to St. Louis. Seaman also sings St. Louis’ praises as a stellar place for startups, boasting great talent, a strong work ethic, and of course, affordability going for it. Seaman is now on a mission to encourage other founders to look beyond the coasts and to take advantage of resources available in other parts of the country.