In this age of globalisation, it has never been easier for you to launch your first or next business abroad. If you are thinking of moving your business overseas, then you should certainly check out this guide which lays out the most start-up friendly destinations in the world.
What factors make a country “start-up friendly”?
There are many ways in which a country can create an environment that successfully fosters the growth of new start-ups. For example, government policy has a large role to play. The provision of tax incentives and other initiatives to make it easier for start-ups to get off the ground. Moreover, access to an educated and skilled workforce is another major factor. It also helps if there is a vibrant start-up culture, so entrepreneurs can network with like-minded peers.
What are the 10 most start-up friendly nations in the world?
This year US News created a list of the ten most start-up friendly nations in the world. This included:
- United States
- United Kingdom
- South Korea
If you would like to learn more about the start-up friendly ecosystems in these countries, then have a look at this great infographic from our friends at Hansen and Company. This guide includes a few key facts about each country and offers an insight into how each respective country has succeeded in building a vibrant start-up scene. It also includes some notable examples of successful start-ups from the region to offer up some entrepreneurial inspiration.