If you’re looking to start a new venture or expand an existing one, The Founder has profiled 10 start-up friendly cities across the globe. These digitally savvy cities are the top 10 in which FoundersCard Members are making an impact. All boast a high count of active FC Members who are growing, expanding, and nurturing their own companies in their respective scenes.
1.) San Francisco, CA
With close proximity to Silicon Valley, the tech hub known the world over, San Francisco maintains an attractive location with an even more attractive set of tech resources, including ample co-working spaces and like-minded technology innovators. Home to countless venture capitalists and many famous tech companies, including Twitter and Yelp, San Francisco has built a reputation for tech greatness and tops our list of cities where FC Members are making an impact.
2.) New York, NY
Silicon Alley is known around the world as a cultural mecca and hub for every kind of industry, and tech is no exception. New York influences global culture daily and innovators are supported by entrepreneurial Mayor Michael Bloomberg’s many initiatives for startups. With unprecedented opportunities to entertain, network, and dream big, New York was the birthplace of FoundersCard and is also the home of our most well attended FC Signature events.
3.) Austin, TX
The rapidly expanding Austin – or “Silicon Hills” – is a progressive oasis whose college town roots support statistics such as 44% of the local population holds a Bachelor Degree. The capital of Texas combines the state’s fiscally conservative climate while priding itself on supporting local businesses, at once recognizable via the city’s motto: Keep Austin Weird. Austin’s wealth of creative people, ideas, and cultural mix, make it an ideal startup launching ground. Paired with a lower cost of living than New York and San Francisco and favorable taxes help make it a great place to build a company.
4.) Seattle, WA
A socially progressive city, Seattle has it’s own local flair boasting bona fide latte artists, an in-city lake with vintage wooden boat rentals, and an average of 226 cloudy days per year. Don’t let the rain get you down though, with no state income tax and a rich pool of talent, Seattle is home to global giants such as Amazon.com and Starbucks, and makes starting any tech business in Washington attractive.
5.) Los Angeles, CA
Beautiful weather attracts beautiful people in this Golden State city whose new moniker is “Silicon Beach.” Known as a leader in the global entertainment industry, the highly populous coastal city is vastly expanding its access to venture capitalists, tech incubators and accelerators, which makes LA and its surrounding areas like Santa Monica ideal for startup development.
6.) Chicago, IL
Known to many as The Windy City, Chicago is also known for its deep dish pizzas, Lollapalooza music festival, and last, but not least: its tech scene. An ambitious startup scene combined with Midwestern values impress upon visitors and locals alike that Chicago is a city that is hardworking, modest, trend-averse, and successful. Famous tech companies include Belly, Trunk Club and GrubHub to name a few, but many others are getting their start at popular co-working spaces like The COOP and 1871.
7.) London, UK
Culturally diverse and history rich, London is the largest European Union startup producer and has the highest proportion of female tech entrepreneurs (at 9%). With strong financial, media, and advertising sectors, a growing tech sector is a natural fit for the U.K. capital. New government laws are helping to fund and attract companies to Eastern London’s “Tech City,” a first class technological hub for entrepreneurs. Local tech startups of note include, Shazam, Mind Candy, and Hailo.
8.) Hong Kong
The city of Hong Kong is not shy about its affinity for the tech scene. The government recently built Cyberport, a 1 million square foot office, co-working space, incubator, and hotel that offers entrepreneurs everything in a convenient campus. AcceleratorHK, Startup Weekend and co-working spaces including as CoCoon, The Good Lab and The Hive Hong Kong also help to bring in foreign tech entrepreneurs.
The Eiffel Tower, romantic atmosphere, and delicious cuisine aren’t the only attractions to Paris. Because of rapid startup development in the city, Paris plays host every fall to LeWeb, a three-day competition between entrepreneurs looking to raise serious capital. LeWeb showcases startups at their very best and brings together VC’s, innovators, sponsors, tourists, and the media. Moreover, co-working spaces and prominent Parisian tech incubator Le Camping give entrepreneurs added opportunity to mentor and be mentored.
Growing substantially in the last few years, Sydney’s tech scene is projected to be worth more than $100bn by 2023 by employing roughly 500,000 people. The most populous city in Australia, Sydney enjoys comfortable coastal weather, museums, music festivals, and is home to 64% of the country’s 500 startups.
Honorable mentions include, but are not limited to:
Boston, Tel Aviv, Denver, Las Vegas, and Washington D.C.