F/MS Top Startup Cities

5 min read

Saint Peter Port, Guernsey #987

City Scores

City Total Score

0.069

Overall ranking score

Quality Score

0.02

Ecosystem quality rating

Quantity Score

0.05

Ecosystem size rating

Business Score

0

Business environment rating

Score Distribution

Score Comparison

MeanCEO Index Click to scroll to details

66

Startup Ecosystem in Saint Peter Port 🏝️

TL;DR

Saint Peter Port is currently ranked as the 987th city in the Global F/MS “Best Cities for Startups” Index. While relatively small, it offers a friendly, supportive environment for entrepreneurs looking to establish innovative startups, especially in tech and finance.

Startup-Friendly Stuff 📈

1. Ease of Company Registration

  • Business Registration: Simple processes with online facilities available, making it straightforward to set up a company.
  • Startup Incentives: The local government encourages innovative businesses through various incentives and grants.

2. Employment Law 🏢

  • Labor Regulations: Generally favorable employment laws that protect employee rights and encourage a positive workplace environment.
  • Hiring Foreign Talent: Procedures are in place for hiring international talent, though work permits are required.

3. Taxation 💰

  • Corporate Tax Rate: Competitive corporate tax rates, often around 0-20%, depending on the business sector.
  • VAT Regulations: Transparent and straightforward VAT policies, ideal for startups.

4. Quality of Life 🌆

  • Living Standards: High quality of life with stunning scenery, though the cost of living can be steep.
  • Culture and Leisure: A vibrant local culture with outdoor activities, historical sites, and a strong community spirit.

5. Bureaucracy 🗂️

  • Ease of Navigation: Generally low bureaucracy, though some processes require patience.
  • Government Support: Effective government programs designed to support and foster entrepreneurship.

6. Visas for Entrepreneurs 🌍

  • Startup Visas & Permits: Opportunities for entrepreneurs to secure startup visas.
  • Residency Options: Various options for long-term residency for qualifying business owners.

Startup Community 🤝

7. Networking Events

  • Regularly organized meetups, workshops, and pitch competitions fostering collaboration.
  • Events aimed at connecting local startups with international investors.

8. Subsidies and Funding 💵

  • Local government offers multiple grants for entrepreneurship, particularly in tech sectors.
  • Access to funding from governmental bodies and local angel investors.

9. Venture Capital (VC) Presence

  • Investments: While small, there is growing interest from VC firms looking for emerging opportunities.
  • Major Firms: Partnerships with UK-based investors and networks to facilitate capital influx.

10. Incubators & Accelerators 🚀

  • A select few incubators cater to both tech startups and traditional businesses.
  • Programs provide resources such as mentorship, funding support, and workspaces.

Technology & Industry Priorities 🔧

  • Focus Areas: Fintech, tourism tech, e-commerce, and sustainable energy are top priorities.
  • Government Initiatives: Support for technology-driven industries remains strong, with ongoing development initiatives.

Business Culture 🏙️

  • Language: English is primarily used in business, fostering ease of communication for foreign entrepreneurs.
  • Work Environment: Close-knit, collaborative, and community-driven attitude promoting innovation.

General Pros and Cons ⚖️

Pros:

  • Friendly environment for foreigners and expats.
  • Strong community support and resources available for startups.
  • Beautiful location with a high quality of life.

Cons:

  • Smaller market size can limit growth potential.
  • Limited venture capital presence compared to larger cities.

Initiatives for Female Entrepreneurs 👩‍💼

  • Increasing support for women in business, with initiatives aimed at fostering female entrepreneurship.
  • Networking groups focused on empowering women-led startups.

Saint Peter Port may be small, but its welcoming atmosphere and supportive initiatives make it an inviting place for aspiring entrepreneurs. 🌟

MeanCEO Index for Saint Peter Port 🌅

Welcome to Saint Peter Port, a charming city that, while ranked modestly in the Global F/MS “Best Cities for Startups” Index, has much to offer female entrepreneurs. Let’s delve into the MeanCEO Index score based on ten essential factors that can shape the entrepreneurial experience.

1. Weather ☀️

  • Score: 6/10
    • Saint Peter Port enjoys a mild maritime climate with a good number of sunny days, although winters can be a bit chilly. The overall pleasant weather encourages outdoor activities but may not offer the warm winters some seek.

2. Location 🏖️

  • Score: 7/10
    • Located on the coast, this picturesque city offers stunning sea views and access to beautiful beaches. The waters may not always be warm enough for year-round swimming, but the scenery is undeniably inspiring.

3. Women Friendly 👩‍💼

  • Score: 7/10
    • Guernsey respects women’s rights, maintaining a supportive culture for female entrepreneurs. There are growing initiatives focused on empowering women in business, which positively influences this score.

4. Foreigners Friendly 🌍

  • Score: 8/10
    • Generally welcoming to foreigners, the community in Saint Peter Port is open and friendly, making it easier for newcomers—especially women—to establish connections and friendships.

5. English as a Business Language 📚

  • Score: 10/10
    • English is the primary language for business interactions, ensuring clear communication and ease for international entrepreneurs looking to make their mark in the local scene.

6. Delicious Cuisine 🍷

  • Score: 6/10
    • The local cuisine offers some delightful seafood, with a focus on fresh ingredients. However, the presence of onions in various dishes slightly diminishes the score, although local wines raise the culinary experience.

7. Ease of Getting Married and Starting a Family 💍

  • Score: 5/10
    • While the close-knit community and picturesque environment are appealing, the smaller market size may limit dating options, making it a mixed bag for those considering long-term family plans.

8. Medicine 🏥

  • Score: 7/10
    • Access to healthcare is relatively efficient, with appointments available in a timely manner. However, costs can vary based on insurance plans, which may be a concern for startups.

9. Ease of Transportation & Traveling 🚍

  • Score: 5/10
    • Public transport is functional, but options are limited compared to larger cities. While there is no international airport in the city, nearby options are accessible though may require travel to the mainland.

10. Startup Mindset 💡

  • Score: 6/10
    • The startup community shows enthusiasm and support, although the smaller ecosystem may present challenges. There is an emerging culture of resilience, but it has yet to fully mature.

MeanCEO Index Score: 66/100 🎉

Saint Peter Port is a quaint yet vibrant city with a welcoming atmosphere for female entrepreneurs. Its supportive community, along with the presence of various resources for startups, creates a nurturing environment. While challenges such as market size and transportation exist, the opportunities for growth and innovation make it an intriguing option for aspiring entrepreneurs.

Happy entrepreneurship! 🌟