By Amy Guttman 

An infographic showing the top 10 places to launch your startup holds a few surprises. Richard Madison of The Brighton School of Business and Management used various criteria for the infographic, which first highlights best startup countries, and then drills down to their most outstanding cities. It was recently published by Seedstars World, a Swiss-based company holding competitions in emerging markets to help grow ideas and businesses, identifying the most promising startups.

I asked SeedStars founder Alisee de Tonnac for her take on what makes each city one of the best places launch a startup.

Read the whole article on Forbes.

Excerpt about Sofia

It is still not well known, but Sofia actually has one of the lowest income tax rates (10%) and has one of the fastest internet speeds in the world. There are some successful companies coming out of the region such as VRay – rendering 3D that nearly has a monopoly in the architectural space. Sofia has also become a strong regional hub (attracting top entrepreneurs) as they’ve been able to access the EU investment funds. This allowed the creation of three funds: LAUNCHub, Eleven Startup Accelerator and Neveq, a later stage investor.

*Seedstars Sofia Winner 2015: Tickey Mobile Solutions, a Mobile ticketing solution for public transport, using proximity sensors and mobile payments (the “Uber for public transport”).

Nov 29, 2015 By Ivo Radulovski