Kansas 2020 Snapshot | Early-Stage Entrepreneurship Entrepreneurship is important for job creation, innovation, and the economy. This brief provides a snapshot of various indicators related to early-stage entrepreneurial activity in Kansas. DOWNLOAD THE KANSAS 2020 SNAPSHOT [PDF] RATE OF NEW ENTREPRENEURS How many people are becoming entrepreneurs? Since 2004, the rate of new entrepreneurs in Kansas has been below the national level. In Kansas, the rate of new entrepreneurs in 2020 was 0.30%, meaning that 3 out of 1,000 adults became new entrepreneurs, on average, in a given month.This compares to 0.34% nationally. VIEW KANSAS DATA OPPORTUNITY SHARE OF NEW ENTREPRENEURS How many new entrepreneurs created their business out of opportunity? The opportunity share of new entrepreneurs was higher in Kansas compared to the rest of the nation in 2020. The opportunity share of new entrepreneurs was 89.5% in Kansas in 2020, compared to 80.9% nationally. VIEW KANSAS DATA STARTUP EARLY JOB CREATION How many jobs are created by new businesses? In recent years, the number of jobs created by startups in Kansas has been below the national level. There were 4.0 jobs created by startups per 1,000 people in Kansas in 2020, compared to 5.0 jobs created by startups at the national level. VIEW KANSAS DATA STARTUP EARLY SURVIVAL RATE How many businesses survive their first year? In recent years, the share of startups that survive at least one year has been lower in Kansas compared to the national level. In 2020, 74.8% of startups in Kansas survived at least one year, compared to 78.1% of startups at the national level. VIEW KANSAS DATA