Subscribe to our social channels to get the latest news about Hungary!
Budapest amongst the top 20 most ambitious entrepreneurial cities in the world!
Change language:
A brand new study by Dojo has revealed which cities in the world are the most ambitious when it comes to starting their own business.
Many of us aspire for success, but does where we live have anything to do with our business ambitions? Card machine provider Dojo has created a worldwide index of the most business ambitious cities, using
5 fundamental factors which contribute to entrepreneurial ambition:
- Number of new businesses registered
- Cost of a business start-up as a % of GNI per capita
- Gross Domestic Product (GDP) per capita
- Percent of the population with access to education
- Google search volumes for starting a new business queries
Hungary’s capital, Budapest, is named the 20th most ambitious city in the world, with a population of over 1.7 million and an ambition index score of 282 out of 500.
Over 24,252 new businesses registered in the city over a year proving Budapest is an ideal choice for savvy entrepreneurs.
- What is Budapest famous for? 7 reasons to go there right now
- Some of the best places in Budapest to eat at, on a budget
The city also had a 10% increase in Google searches for “how to start a new business” in the city.
London took the crown
as the most ambitious city in the world for those looking to start a business. With over 664,974 new businesses registered in the city and over 4,400 Google searches for “how to start a new business” – it’s no surprise that the UK capital came out top, scoring 481 out of 500 in the index.
With a population of over 9.4 million, the UK capital is a melting pot of cultures, creativity and access to infrastructure – a winning formula for ambitious entrepreneurs.