By Ania Nussbaum
The Wall Street Journal
New York has the most innovation and entrepreneur-friendly city administration in the world, according to a new study. London, Helsinki, Barcelona and Amsterdam round out the top 5 in a report compiled by CITIE, a collaboration between Nesta, Accenture and the Future Cities Catapult. The report looks at how 40 cities implement pro-innovation policies. Here are five things a city needs to do to attract and breed start-ups.
- Keep Regulation in Step with Technology Amsterdam clarified the rights and responsibilities of homeowners with regard to short-term rentals in direct response to the rise of Airbnb and other similar tech-companies.
- Give Startups Preferential Treatment in City Contracts Sao Paulo gives small businesses priority when awarding city contracts if their price bid is on par with those form larger companies.
- Make Public Data Available London is leading the way in making city data readily available for various businesses, acknowledging the information is an economic asset.
- Connect Investors and Entrepreneurs New York City creates meetings between investors and local entrepreneurs to nurture a thriving economy and state of innovation.
- Make Internet Fast and Wi-Fi Free Melbourne has provided free Wi-Fi to the public in an effort to strengthen and support entrepreneurs, startups and other small enterprises.
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