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Which are the best cities for young entrepreneurs?

A new study reveals 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:

 Top 20 Cities for Business Ecosystem

# City Country   # City Country
1 San Francisco USA   11 Amsterdam Netherlands
2 New York City USA   12 Denver USA
3 Kuala Lumpur Malaysia   13 Boston USA
4 Miami USA   14 Shanghai China
5 Los Angeles USA   15 Philadelphia USA
6 Seattle USA   16 Budapest Hungary
7 Beijing China   17 Tel Aviv Israel
8 London United Kingdom   18 Vancouver Canada
9 Portland USA   19 Moscow Russia
10 Austin USA   20 Sydney Australia

 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

 

City Country Business Ecosystem The Essentials Openness Recreation Total Score
1 Berlin Germany 6.1 5.9 8.3 8.8 7.14
2 Montréal Canada 6.4 5.8 8.6 7.9 7.10
3 London United Kingdom 8.1 3.5 8.7 7.2 6.71
4 Amsterdam Netherlands 8.0 3.0 8.5 7.9 6.63
5 Toronto Canada 6.6 5.3 9.0 5.5 6.60
6 Vancouver Canada 7.1 4.4 9.0 4.9 6.34
7 Barcelona Spain 5.5 5.2 6.8 8.5 6.31
8 New York City USA 8.8 2.9 6.7 7.5 6.25
9 Cologne Germany 3.2 6.0 7.8 8.0 6.17
10 Manchester United Kingdom 5.0 5.1 8.5 6.1 6.12
11 Hamburg Germany 5.9 4.2 7.1 7.9 6.10
12 Bristol United Kingdom 5.7 4.9 8.1 5.7 6.06
13 San Francisco USA 8.9 2.8 7.0 6.2 6.04
14 Austin USA 8.1 4.0 6.4 6.0 6.03
15 Paris France 6.9 3.3 7.0 7.6 5.98
16 Miami USA 8.4 2.5 6.2 7.6 5.90
17 Munich Germany 4.7 4.5 7.8 7.0 5.87
18 Lisbon Portugal 4.5 6.0 5.9 7.3 5.84
19 Glasgow United Kingdom 5.0 6.3 7.7 3.8 5.82
20 Madrid Spain 3.2 6.1 6.7 7.6 5.82

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

 



This post first appeared on Book Review: And What Do You Do? By Barrie Hopson, please read the originial post: here

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