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The Top Cities For
Startups
By Adam Kidan
Kuala Lumpur,
Malaysia
• Much cheaper cost of living than
in neighboring Singapore. !
• There’s a trend for startups to be
incorporated in Singapore and
then be based in Thailand or
Malaysia.!
• There are three different
nationalities present in Malaysia,
making it a good place to test
how a product will do in Chinese,
Malay/Indonesian and Indian
markets.
Beijing, China
• Even if Chinese culture doesn’t traditionally foster
entrepreneurship, that’s changing rapidly.!
• China has been focusing on higher-end and more advanced
manufacturing.!
• A tax relief program for startups established by previously
unemployed workers or recent college graduates.
Warsaw, Poland
• A large internal market and strong history of entrepreneurship make
Poland more attractive than many of its neighbors in Eastern Europe.!
• Top tech companies, including Google, have become attracted to
Poland, Warsaw in particular.
Moscow, Russia
• Russian culture places a great value in
entrepreneurship.!
• There are a number of quality engineers
and hardware companies left over from the
Soviet Union.!
• Unfortunately there’s been a brain drain
from political tension and currency
devaluation.
Bangalore, India
• Entrepreneurship is strong throughout India.!
• There’s a huge market and plenty of engineers who graduate every year. !
• Bangalore’s startup scene is traditionally focused on engineering and
tech development.!
• There are at least 10 startup events happening every week in Bangalore
to foster a strong startup culture.
Sydney,
Australia • Entrepreneurship
is well-respected,
although most
Australians still
prefer the
comfort of
corporate
employment.!
• Most startups
still focus on the
local market.!
• There are still no
special tax
incentives for
entrepreneurs.
Tunis, Tunisia
• The Arab Spring has
served as a turning point
for the entrepreneurial
spirit of Tunis.!
• Startups here use and
create tech products to
mobilize communities,
which often means
engaging them in political
discussions and working
for the collective good.!
• Policy makers have
started to implement new
strategies and programs
to boost incubators,
accelerators and
education programs in an
effort to support the local
entrepreneurship market.
London, UK
• A huge amount of venture
capital, combined with
seed enterprise investment
schemes (SEIS), the
British Business Bank,
R&D tax breaks and
government startup loans,
have created a strong
startup culture.!
• Tech is now viewed as the
lifeblood to power Britain’s
economic recovery.
Cairo, Egypt
• There’s a mass of
young and
educated
graduates in
Egypt, thanks to
the quality of local
universities that
churn out
exceptional
engineering talent.
Sofia, Bulgaria
• Home to one of the lowest income taxes (10%) and
one of the fastest internet speeds in the world. !
• Has taken advantage of EU structural funds to
create three separate funds: LAUNCHub, Eleven
Startup Accelerator and Neveq.

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The Top Cities For Startups

  • 1. The Top Cities For Startups By Adam Kidan
  • 2. Kuala Lumpur, Malaysia • Much cheaper cost of living than in neighboring Singapore. ! • There’s a trend for startups to be incorporated in Singapore and then be based in Thailand or Malaysia.! • There are three different nationalities present in Malaysia, making it a good place to test how a product will do in Chinese, Malay/Indonesian and Indian markets.
  • 3. Beijing, China • Even if Chinese culture doesn’t traditionally foster entrepreneurship, that’s changing rapidly.! • China has been focusing on higher-end and more advanced manufacturing.! • A tax relief program for startups established by previously unemployed workers or recent college graduates.
  • 4. Warsaw, Poland • A large internal market and strong history of entrepreneurship make Poland more attractive than many of its neighbors in Eastern Europe.! • Top tech companies, including Google, have become attracted to Poland, Warsaw in particular.
  • 5. Moscow, Russia • Russian culture places a great value in entrepreneurship.! • There are a number of quality engineers and hardware companies left over from the Soviet Union.! • Unfortunately there’s been a brain drain from political tension and currency devaluation.
  • 6. Bangalore, India • Entrepreneurship is strong throughout India.! • There’s a huge market and plenty of engineers who graduate every year. ! • Bangalore’s startup scene is traditionally focused on engineering and tech development.! • There are at least 10 startup events happening every week in Bangalore to foster a strong startup culture.
  • 7. Sydney, Australia • Entrepreneurship is well-respected, although most Australians still prefer the comfort of corporate employment.! • Most startups still focus on the local market.! • There are still no special tax incentives for entrepreneurs.
  • 8. Tunis, Tunisia • The Arab Spring has served as a turning point for the entrepreneurial spirit of Tunis.! • Startups here use and create tech products to mobilize communities, which often means engaging them in political discussions and working for the collective good.! • Policy makers have started to implement new strategies and programs to boost incubators, accelerators and education programs in an effort to support the local entrepreneurship market.
  • 9. London, UK • A huge amount of venture capital, combined with seed enterprise investment schemes (SEIS), the British Business Bank, R&D tax breaks and government startup loans, have created a strong startup culture.! • Tech is now viewed as the lifeblood to power Britain’s economic recovery.
  • 10. Cairo, Egypt • There’s a mass of young and educated graduates in Egypt, thanks to the quality of local universities that churn out exceptional engineering talent.
  • 11. Sofia, Bulgaria • Home to one of the lowest income taxes (10%) and one of the fastest internet speeds in the world. ! • Has taken advantage of EU structural funds to create three separate funds: LAUNCHub, Eleven Startup Accelerator and Neveq.