Card machine provider Dojo created a worldwide index of the most business ambitious cities, using five fundamental factors which contribute to entrepreneurial ambition:
More than 24,252 new businesses were registered in Budapest over a year, proving that the Hungarian capital is an ideal choice for savvy entrepreneurs.
The city also had a 10% increase in Google searches for "how to start a new business” in the city.
According to the study, London is the most ambitious city in the world for those looking to open a business today. The city scored 481 points in the index, with more than 664,974 new businesses registered in the city and over 4,400 Google searches for "how to start a new business” .
Sydney, Australia came second with an index score of 402 out of 500, followed by Cape Town, South Africa (384 points)
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