2. New York, US

New York, New York, the world famous US city and home to Wall Street, Broadway and many of the world’s best known landmarks, has long been known as one of the best places in the world for attracting and fostering entrepreneurship.

As well as being the world’s financial centre, New York is also a major playing the media, law, entertainment, and fashion industries.

New York’s diversity is one of it’s greatest strengths. Of the approximately 8.5m people living in the city, more than one-third are foreign-born, the highest rate in more than a century, according to data from the New York City Department of City Planning.

While technology companies in Silicon Valley are still thriving the regions lack lack of supporting companies ultimately restricts growth opportunities.

The skyrocketing costs of living in the Silicon Valley parallels that of New York, but the absence of diverse sectors of business ultimately is the difference maker.

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