Guess which UK city has been voted best for startups? Hint: It's not London

 
Caitlin Morrison
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There's a new index of the best cities for startups
The index is based on a number of factors impacting startups (Source: Getty)

Vancouver has been ranked the best city in the world for startups in a new index that looks at factors such as cost, quality of life and ease of starting a new business.

The Canadian city took the top spot because it offers a high quality of life, good access to office space and relative ease of getting a company off the ground, according to PeoplePerHour, the freelance sourcing firm behind the list. Other metrics used to rank the cities were cost of living; rent; monthly salary; and the best country for business.

Berlin came in second, followed by the UK's very own Manchester. The full index is available below.

"Manchester far outperforms its UK rival, London, when it comes to startup appeal, thanks to its low cost of living and the great conditions it offers for startups," PeoplePerHour said.

London, the only other UK city to make the top 25 came in 15th place overall, but "it has a way to go if it wants to compete with its northern cousin", according to the report.

Read more: Meet 26 of the hottest UK startups about to become household names

"It’s fantastic to see that despite the worries over Brexit and the continuing fallout from the General Election campaign, Britain has managed get two cities featured in the top fifteen rankings," said Xenios Thrasyvoulou, founder and chief executive of PeoplePerHour.

"The fact that Manchester is the third best place in the world for new startups, beating the likes of New York, Sydney and London is phenomenal, and bodes really well for the future of the so-called 'Northern Powerhouse'.

"Britain has always been a leader when it comes to business and innovation. It’s really encouraging to see that despite the difficulties of recent years, that remains unchanged."

Rank

City

1

Vancouver

2

Berlin

3

Manchester

4

Lisbon

5

Stockholm

6

San Diego

7

Bangkok

8

Melbourne

9

LA

10

Bangalore

11

Kuala Lumpur

12

Singapore

13

Istanbul

14

London

15

Sydney

16

Tel Aviv

17

Amsterdam

18

Miami

19

Athens

20

Moscow

21

San Francisco

22

NYC

23

Tokyo

24

Paris

25

Rome

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