In 2023, according to data provided by StartupBlink the top city for startups in the United Kingdom was London with a total score of 127.43. Cambridge, Manchester, and Oxford were measured as the second, third, and fourth best locations for startups respectively.
Leading cities for startups in the United Kingdom in 2023, by total score
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Total score
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The source states that the total score of the rankings is a sum of the quantity, quality, and business environment individual scores. The score ranges from 0 to 546.43 points (maximum score awarded to San Francisco, U.S., the best ranked city in the world according to the Startup Ecosystem Rankings 2023 report).
Quantity Score: Takes into account different metrics, such as number of startups, number of coworking spaces, and number of accelerators, to establish the activity level of the startup ecosystem
Quality Score: Studies parameters that indicate qualitative results achieved by the ecosystem. These parameters include analyzing the traction of the ecosystem’s top startups, as well as reviewing “special entities” the ecosystem has produced: Unicorns, Exits, and Pantheon
Business Score: It is a mix of business and economic indicators at the national level, discounted for cities that haven't reached a critical mass either for Quantity or Quality
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StartupBlink. (May 31, 2023). Leading cities for startups in the United Kingdom in 2023, by total score [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/
StartupBlink. "Leading cities for startups in the United Kingdom in 2023, by total score." Chart. May 31, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/
StartupBlink. (2023). Leading cities for startups in the United Kingdom in 2023, by total score. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/
StartupBlink. "Leading Cities for Startups in The United Kingdom in 2023, by Total Score." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/
StartupBlink, Leading cities for startups in the United Kingdom in 2023, by total score Statista, https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/ (last visited September 01, 2024)
Leading cities for startups in the United Kingdom in 2023, by total score [Graph], StartupBlink, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/1275428/top-cities-for-startups-in-uk/