Want to be an Entrepreneur Why you Need to Prepare to Fail
06 May 21
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Categories: Business Management, Retail, Logistics and Supply Chain Management, Postgraduate
Dream of being your own boss? Have a ground-breaking business idea? Here are the top start-up cities for entrepreneur ventures!
The University of Bolton’s MSc Entrepreneurship and Innovation course is all about transferable skills, the type of skills that can be applied to any industry or area of work. This makes it the ideal platform for anyone interested in building their own empire.
Many of our graduates go on to begin exciting careers in leading cities around the globe, including the nearby cosmopolitan and start-up friendly city of Manchester!
If you’re passionate about developing your own enterprise from the ground up, here are some of the best start-up cities in the world to base yourself.
The UK capital is without a doubt the number one place in Europe for entrepreneurs looking to break the mould. It beats most other European capitals for the number of start-ups, and also for the amount (and size) of funding rounds.
More specifically, it’s one of the best cities for tech start-ups and FinTech (Financial Technology) start-ups, with 45% of IT decision makers saying they would choose London to launch a new tech business.
As well as attracting a large number of developers and computer engineers, the city offers an abundance of working spaces, such as co-working offices that foster start-up culture. Additionally, it has a high concentration of tech incubators and accelerators.
The City of Romance is also one to watch, with a slowly growing tech hub emboldened by impressive funding in recent years. New government backing has included the introduction of a free, fast-track tech visa to make it easier for overseas workers and entrepreneurs.
Paris is particularly strong in FinTech, and although the city isn’t well-known for its diversity, things are in the process of changing.
Directly competing for London’s top spot is Germany’s vibrant capital. It already holds a reputation of being one of the top start-up cities in Europe and having an attractive culture too.
The city boasts fantastic history, art, nightlife, and all of the things that draw young, fresh millennial talent to its workplaces. And not long ago, it was said that Berlin had a new start-up being formed every 20 minutes!
So if you’re looking for somewhere that has a great entrepreneur community, consider basing yourself in Berlin.
Despite surging rent prices, San Francisco remains the number one launching pad for new business ideas in the US.
Tech juggernauts like Google, Facebook and Apple have created a mature business ecosystem in Silicon Valley, but non-tech start-ups are just as prized in the city. In fact, San Francisco is well known for being a foodie city, making it ideal for culinary business concepts.
With its close proximity to the world-famous Napa Valley, San Francisco is also a hub for wine lovers and wine businesses.
You probably think it’s not possible to compete with London in terms of funding, space and opportunities. But here’s the thing – businesses are actually . This is creating a brand new scene for entrepreneurs.
With a Gross Valued Added of £62 billion (ONS) and up to 40% lower operating costs than London, Manchester is set to be one of the best start-up cities in the world!
There are over 90,000 students in Greater Manchester too, meaning there’s a thriving community of talent to tap into.
The University of Bolton is located just 15 minutes from the metropolitan city of Manchester, giving students fantastic access to career pathways, from freelancing and consulting work to platforms for building your own brand.
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