Quick Facts on the Best Places in the World for a Start-Up Business

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The world is in a trend of globalisation, and whilst there may be some who reject that tendency, it does ensure start-up businesses are getting the best chances possible, now more than ever. More and more cities are offering incentives to those who are willing to risk their capital and money to start an enterprise, providing the entrepreneurs with the best infrastructure and support there is.

It should come as no surprise – these cities have it in their own interest to attract the best and brightest, after all. Silicon Valley (USA) has long been known for being the greatest when it comes to IT, but it certainly isn’t the only place in the world. Have you ever wondered which cities are new to the list? Here are some quick facts on the best places in the world for a start-up business.

San Francisco, USA

We’d be amiss not to mention the leader and give the proper information – after all, there’s a reason why they seem to be number one:

  • Number of registered startup companies: 25,540

  • Incentives and initiatives: San Francisco has a 16-week start-up programme that aims to connect government agencies, entrepreneurs, and funding managers to find effective ways to everyone’s benefit

  • Co-working spaces: more than 75

  • Cost of office space: £80 per year per square foot

  • Taxation rates (corporate): 35% state, 0-12% local

Amsterdam, Netherlands

Thanks to the inexpensive way of living and the Dutch quality of life, this city has become famous for its startups as well:

  • Number of registered startup companies: 1,123

  • Incentives and initiatives: A programme set up by the city looks to help and invest in startups

  • Co-working spaces: more than 15

  • Cost of office space: £34 per year per square foot

  • Taxation rates (corporate): 25%

Sydney, Australia

Yes, Down Under, they know a thing or two about attracting entrepreneurs as well:

  • Number of registered startup companies: 1,589

  • Incentives and initiatives: New South Wales offers an Entrepreneurs Infrastructure Programme for financial support and networking

  • Co-working spaces: more than 40

  • Cost of office space: £65 per square foot per year

  • Taxation rates (corporate): 28.5 – 30%

London, England

And of course, we should never forget the great English capital:

  • Number of registered startup companies: 8,514

  • Incentives and initiatives: The UK government has implemented many schemes and educational opportunities to aid startups

  • Co-working spaces: more than 100

  • Cost of office space: £93 per year per square foot, but the price can go lower, according to property experts like Commercial People, if you check out other growing areas and locations outside London such as Carlisle, Watford, Glasgow, Cambridge, Oxford, Newcastle, and more.

  • Taxation rates (corporate): 20%