" />
Business

Dublin named as one of seven best new cities for startups

Dublin named as one of seven best new cities for startups
darren.mccarra@sociable.co'

Fortune has named Dublin, Ireland as one of the seven best new global cities for startups, sharing Silicon Valley’s “potent combination of creativity and capitalism”.

Fortune “scoured the globe” for “hotbeds of original thinking and new-business creation” and came to the conclusion that Copenhagen, Dublin, Eindhoven, Oulu, Stockholm and Zurich were the six best new cities for startups, as well as the city-state Singapore.

All seven locations were initially judged using data from the Global Innovation Index, which ranks countries based on their standards of educational institutions and digital infrastructure, among other factors.

Fortune then examined cities within the top countries that were “especially hospitable to companies seeking the mix of talent, curiosity, and risk taking that leads to game-changing new products and services.

In the list, Dublin is credited as being “cheaper than London”, having a low corporate tax rate and a population that mostly speaks English. Fortune quoted the phrase “Silicon Docks”, the area around Grand Canal Dock, where Google, Facebook, LinkedIn and Zynga are all headquartered.

The Dublin Web Summit received an honourable mention as “one of the fastest-growing tech conferences in Europe”.

Finally, Dublin is noted in the list as being specifically good for education, hardware and business-friendly policies.

Earlier this year, Ireland was named as the most investable country in Western Europe.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business
darren.mccarra@sociable.co'
@darrenmccarra

Darren McCarra is co-editor of The Sociable. He has a keen interest in photography, all things mobile, and writing about technology and social media. You can follow him on Twitter, Facebook and Google+.

More in Business

PF_Finale

Battle of the tech startups: Pioneers Festival Vienna 2016

Tim HinchliffeApril 27, 2016
worklife

How can enterprises lessen the strain of more than half the workforce being overwhelmed by work & family commitments?

Guest ContributorApril 22, 2016
robot

Job-stealing restaurant robots fired for incompetence & the future of the workforce

Tim HinchliffeApril 14, 2016
myths

6 myths about content recommendation networks

Guest ContributorApril 5, 2016
Image by DonkeyHotey

7 Lessons to pitch your startup like Donald Trump would

Guest ContributorMarch 16, 2016
IMG_0300

A ‘Sociable’ feast at the GEC Medellin: tales of nervous encounters, death by selfie & police prostitution

Tim HinchliffeMarch 15, 2016
seo marketing

How to combine SEO and social media to grow your business audience

Guest ContributorMarch 3, 2016
The elevated Medellin Metro is in motion as it rushes into the Parque Berrio Station in front of the illuminated Palace of Culture in Plaza Botero in Medellin, Colombia.

Medellin’s many attractions for the Global Entrepreneurship Congress 2016

Tim HinchliffeFebruary 25, 2016
bigbird

Sesame Ventures: Big Bird means big business for Edu-tech [Interview]

Emma RosserFebruary 4, 2016