5 proven ways to transform a city into a thriving business startup hub

New York City has the most innovation and entrepreneur-friendly city administration in the world, according to a new study.

London, Helsinki, Barcelona and Amsterdam round out the top 5 in a report compiled by CITIE, a collaboration between Nesta, Accenture and the Future Cities Catapult.

The report looks at how 40 cities implement pro-innovation policies.

Here are the report’s five recommendations for attracting and breeding start-ups:

  1. Keep Regulation In Step With Technology
  2. Give Startups Preferential Treatment in City Contracts
  3. Make Public Data Available
  4. Connect Investors and Entrepreneurs
  5. Make Internet Fast and Wi-Fi Free

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