Madrid in the Top 10 European cities for launching and enterprise
Oberlo. Top Cities for Entrepreneurial Success 2021
The e-commerce platform called Oberlo publishes the ranking known as Top Cities for Entrepreneurial Success 2021 , which analyses what cities worldwide are the most prepared for successfully launching a business.
Madrid is ranked as the 22nd best city for launching an enterprise (22nd/75) and the 6th best city in Europe, surpassing Amsterdam (23rd/75), Milan (25th/75), Zurich (26th/75), Edinburgh (27th/65) or Rome (31st/75), in a ranking led by London, New York, San Francisco, Sidney and Melbourne.
The ranking is comprised of 13 indicators grouped into 4 areas which measure: infrastructures, technological and digital aspects, imports and exports, and finance.
Madrid has earned good scores for indicators that measure financial freedom (10th/75), small business loans (21st/75), measures for supporting entrepreneurial women (37th/75), Covid-19 aid (40th/75) and its system. However, the following indicators are identified as areas where Madrid has room to improve in this ranking: financial freedom (64th/75), days needed to set up an enterprise (57th/75), its entrepreneurial ecosystem (51st/75) and unemployment benefits (54th/75).
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