LONDON AMONG THE TOP 10 BEST CITIES FOR STARTUP ENTREPRENEURS

Study reveals top cities for startup opportunities, based on the Business Ecosystem and appeal to Millennials

• San Fransisco, USA is the best city for young entrepreneurs, with a thriving startup scene and low unemployment.

• Seven US cities feature in the top ten for Business Ecosystem.

• Amsterdam, Netherlands only Western European city to feature in top 20 for Business Ecosystem.

 Furnished apartment search engine, Nestpick, has released a study revealing the top 110 cities for entrepreneurial millennials, based on factors such as startup ecosystem, and employment. The results are released as part of the larger Millennial City Ranking, which Nestpick released for the second year running earlier in 2018. Nestpick conducted this study in order to pinpoint which cities are successfully attracting this generation, and therefore a core future workforce.

“Millennials grew up in a shrinking world, where the internet opened doors their parents never could have dreamed of, and budget airlines made those avenues real possibilities. It’s now possible to live and work anywhere in the world, and these opportunities are shaping how our planet will look to future generations.” says Ömer Kücükdere, Managing Director of Nestpick. “We must learn to adapt to the needs of younger people in order to have a thriving economy, and we believe that this ranking offers valuable insights to those cities looking for regeneration from a younger demographic.” 

The tables below reveal the top 20 cities for entrepreneurial millennials based on their Business Ecosystem:

The top 20 best millennial cities from the larger study are revealed below. Scores are from 1 – 10, with 10 indicating the highest possible score. The results for each 17 criteria have been combined into four main categories for clarity, but the full results can be seen here: https://www.nestpick.com/millennial-city-ranking-2018

Results: The Top 20 Cities for Millennials

N.B. These are a sample of the full results, which can be seen here: https://www.nestpick.com/millennial-city-ranking-2018/

Further findings:

• Beijing, China ranks highest for Employment, followed by American cities San Francisco and Austin.

• New York City, USA has the highest score for their Startup ecosystem, followed by San Francisco, USA and London, UK.

• Hong Kong, China ranks highest for Tourism, followed by Bangkok, Thailand and London, UK.

• Guadalajara, Mexico has the highest score for Housing, followed by fellow Mexican city Monterrey and Medellín, Colombia.

• Bangkok, Thailand ranks highest for Food, followed by Kuala Lumpur, Malaysia and Lima, Peru.

• Oslo, Norway has the highest score for Transport, followed by Washington D.C., USA and Paris, France.

• Japanese cities Tokyo and Osaka rank joint highest for Health, followed by Singapore, Singapore.

• Seoul, South Korea has the highest score for Internet Speed, followed by Bergen, Norway and Denver, USA.

• London, UK ranks highest for Universities, followed by Paris, France and Seoul, South Korea.

• China and Hong Kong rank highest for Access to Contraception, followed by the UK.

• Norway ranks highest for Gender Equality, followed by Finland and Sweden.

• New Zealand ranks highest for Immigration Tolerance, followed by Canada and Norway.

• Amsterdam, Netherlands has the highest score for Personal Freedom and Choice, followed by Oslo, Norway and Helsinki, Finland.

• Madrid, Spain ranks highest for LGBT Friendliness, followed by Amsterdam, Netherlands and Toronto, Canada.

• Berlin, Germany has the highest score for Nightlife, followed by Paris, France and Melbourne, Australia.

• Beijing, China ranks highest for Beer prices, followed by Colombian cities Medellín and Bogotá.

• Miami, USA has the highest score for Festivals, followed by fellow American city Washington D.C. and Paris, France.