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These are the 5 cities where governments are most supportive of startups

Jun 24, 2015, 23:30 IST

A big report released Wednesday shows how governments around the world can encourage innovation and entrepreneurship.

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The first ever CITIE report has been co-authored by UK innovation charity Nesta, management consultancy Accenture and Catapult!, the UK government initiative to encourage innovation.

As part of the report, they've ranked what they think are the 5 best cities in the world right now for government support of entrepreneurs. The report takes into account things like regulation, access to data, access to investment and central strategy.

Surprisingly, San Francisco doesn't make the cut. Crucially, the report only looks at government-linked initiatives and factors, not private sector activity.

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