Top 10 cities for Startups
The startup scene has been booming all over the world for a while now, and every millennial seem to have a great idea that might put Facebook and Google into shame. If you’re on the path of challenging Mark Zuckerberg’s status, relocating might be worth a consideration. After all, being surrounded by like-minded and driven individuals can only help and motivate you to get the best out of your world changing idea, right? And if joining a co-working space in your city is not enough for you, take these following 10 cities into consideration.
New York, USA
Move over, Silicon Valley. New York’s start-up scene has been consistently growing for the past decade, and it’s slowly outpacing the Californian startup city. With a whooping increase of 200% in capital funding between 2009 and 2013 (Silicon Valley achieved a 110% growth during those years) and almost 500 startups with a funding since 2007, its startup scene shows no signs of slowing down anytime soon. Startup alumni from New York include widely successful companies like Tumblr, Etsy and Kickstarter, and the city is famous for its fast-paced living and hark-working environment.
So go ahead, it’s time to call up the Statue of Liberty for a sneaky date, and always remember Sinatra’s words: “If I can make it in New York, I can make it anywhere.”
Los Angeles, USA
Third place on the list of US American contenders for startup cities (first place being Silicon Valley and second New York, obviously), Los Angeles is home to tech companies like SnapChat and Tinder – even Buzzfeed’s headquarter found itself a cozy place near Hollywood.
L.A. also impresses with its warm and sunny weather. Seriously, the average degree in December is 14°C – which, in our Dublin offices, means it’s time to have a pool party to celebrate to beginning of summer. And since we’re an economical bunch, we’ll just go fetch the summer rain outside to fill our pools. Maybe CoCreate should move to L.A.
Sao Paulo, Brazil
The biggest startup market in Brazil and South America, Sao Paulo inhabits most of digital founding talents and international offices in Latin America. The city has a Google Campus, a place to support tech startups – and who are we to disagree with one of the world’s biggest startup-turned-giant-tech-company?
Tel Aviv, Israel
Political discussions aside, Israel is known for investing into a lot of development and research. As Israel’s technology centre, Tel Aviv is bound to be included on our list. Considering its population is only slightly shy of half a million people, the impressive amount of over 4,000 startup companies makes us wonder whether anyone in that city isn’t working for a startup.
Despite the high cost of living, especially for locals, Singapore remains a popular place for new companies. The main reason being the accessibility to the South East Asian market, and easy access to fundings. Furthermore, the Singaporean government is especially interested in uncomplicated business trading, and a supportive government means a happy startup founder. Or a lot of happy founders, in this case.
China is an economic powerhouse, there is no doubt in it. Although the country’s traditions hasn’t been supportive in entrepreneurial endeavours, today’s startup culture is catching up with China. Beijing is already known as one of the best startup cities in Asia, and the access to over a billion people living in China can’t be neglected.
Being the third most popular European city for startup founders, Amsterdam impresses new entrepreneurs with an international flair, many well-educated talents and a relatively low burn rate. iamsterdam.com, a startup website for the city of Amsterdam, lists a total 45 coworking spaces – not too shabby for a city with a population of roughly 800,000 people.
Despite insecurities about the London market caused by Brexit, London remains one of the top European cities for startups, as it has been for years. Almost half of European startup founders consider moving to London, as it has great access to capital. London’s startup scene has been developing vastly in the last decade – the driven, energetic environment in Britain’s capital city can be more than enough motivation for the next big idea to flourish.
Just as London, Berlin has been a popular place for startup founders to relocate to. However, just last year, it managed to take over the throne for the most popular European startup city. Berlin’s startup scene is fairly new, in comparison to London, but the fresh and innovative environment is undeniable. Coworking spaces in Berlin can be found anywhere, from office buildings to a remodelled warehouses – perhaps this is part of the city’s charm. Besides Germany’s strong economy and low living expenses, of course.
Perhaps we are just slightly biased on this one, but Dublin still takes sixth place on the European startup heatmap. Up until last year, it has been host to the Web Summit, and Dublin is ideal for investors looking to reach the EU market from the comfort of an English-speaking city. Because of its low company taxes, the Irish capital is also home to European headquarters of tech giants like Google, Facebook, Apple, Amazon and LinkedIn. This, in turn, means there are many qualified European talents relocating to Dublin on the lookout for a job, and the city gives out an incredibly international vibe.
So there you have it, our ten top picks for startup city – of course, every startup have their own requirements and preferences. Hopefully, this will help you in finding a suitable city for your business, and if you end up choosing Dublin, come over and say hi!