London  

Startups: Zoopla, Songkick, GroupSpaces, Transferwise, Huddle

London is standing as a tough competition for the remaining for cities plucked as toppers in the research. Looking at the government facilities that startups can avail in London, startups are sure to grow more. With lots of mentors and investors, budget for a good startup is not a worry in this city. The stable legal system, the online accounting services, the simple and inexpensive incorporation – stand as pivotal reasons for London to grow as a startup city.

New York

Startups: Airhelp, Abacus, Glamsquad, Classpass,Bowery

At the top of the list by CITIE, stands New York who has been among the top startup cities for quite a few years in the past. The tech startups in the city are champions in their fields. Its annual startup budget of $3billion per year is less than that of an Francisco or Boston. The city network of founders, venture capitalists, spinoff companies and support organizations are considered reasons for New York to be the topper in startup trend. Presently 86pct of employment in the city is in the startup sector.

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