Monday, November 25, 2024

Bradford and Hull are UK’s most entrepreneurial cities, says report

A new report has revealed that two Yorkshire cities are the most entrepreneurial in the UK, with Bradford taking the top spot and Hull snapping at its heels in second place. Leeds is ninth on the list.

However, Sheffield and Leeds can out top for the highest levels of business confidence.

The report from Yorkshire-based marketing agency Wildcat Digital, compares four data sources across 30 of the biggest cities in the UK. Each data point represents a factor which is relevant to the city, based on its entrepreneurial credentials and business innovation.

Wildcat Digital have collated, analysed and ranked this data to reveal the top 10 cities which are the most entrepreneurial. These ranking factors include:

  1. A Higher Number of New Business Registrations (Business Births) per 100,000 people
  2. A Higher Business Confidence Score
  3. A Higher Number of Self-employed Workers per 100,000 people
  4. A Higher Number of Business owners on LinkedIn (based on profiles) per 100,000 people

    Bradford performed well across all four categories, scoring:

    • 45 points for new business registrations 
    • 100 points for business confidence 
    • 36 points for number of self-employed workers 
    • 56 points for number of business owners on LinkedIn 
      Chaudhry Mobeen, founder of MealPro, a Bradford-based business that offers ready-made healthy meals, said: “Bradford is an amazing place to own a business because of the strong sense of community here. The togetherness and the support found in the area is unlike anything you’d find in other parts of the UK.  If you took the same situation and compared how it plays out in London versus Bradford, you’d see completely different outcomes.

      “I can personally attest to the unmatched community spirit in Bradford, having grown up in London. This culture of togetherness is evident in how businesses here help each other out. Just yesterday, we ran out of grated cheese on an unusually busy night, and a neighbouring business immediately stepped in to help us out without hesitation.”

     

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