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NewsManchester ranks as the second most innovative city in the UK, climbing...

Manchester ranks as the second most innovative city in the UK, climbing up from fourth place in 2021

Paymentsense’s annual Innovative City Report has revealed that Manchester ranks as the second most innovative city in the UK, climbing 2 places up from last year’s report, with 62 new startup businesses per 10,000 people and a 22% increase in searches for ‘how to start a business’.

As businesses start to shift back to a sense of reality, Paymentsense analysed various data points to find out whether the Innovative City ranking for 2022 would differ from the ranking previously in 2021.

The study ranked each UK city on the following:

  • Number of Google patent applications

  • Number of new business registrations

  • RUR World university ranking

  • Average monthly search volume for ‘how to start a business’

  • Number of kickstarters

RANKED: THE 10 MOST INNOVATIVE CITIES IN THE UK 2022

Rank

City

New startups per 10,000 population

Change in new startups Per 10,000 population

Patent records Per 100,000 population

Number of kickstarters

Number Of registered businesses per 10,000 people

Number Of registered businesses In 2021

Percentage Change of registered businesses from 2020 to 2021

Ave. monthly SV for ‘how to start a business’

Ave. 12 month trend for ‘how to start a business’

INDEX (out of 100)

1

London

96

-10.9%

12

19802

661

535,000

19.3%

4,400

125%

84

2

Manchester

62

-5.7%

4

1649

519

271,000

9.8%

320

22%

73

3

Leeds

52

-1.1%

13

865

460

192,000

6.9%

320

22%

68

4

Bristol

50

-10.0%

40

1136

490

237,000

8.6%

260

-19%

63

5

Birmingham

52

-8.1%

9

1180

387

219,000

7.9%

720

49%

62

6

Edinburgh

42

-22.9%

33

1559

453

175,000

6.3%

260

52%

61

7

Cardiff

46

-2.7%

30

573

420

107,000

3.9%

110

467%

60

8

Brighton and Hove

92

4.6%

8

265

661

420,000

15.2%

70

0%

59

9

Leicester

53

-9.5%

8

298

506

189,000

6.8%

170

19%

51

10

Plymouth

36

8.7%

10

200

303

237,000

8.6%

90

89%

47

Manchester ranks as the second most innovative city in the UK

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Manchester now ranks second in the Innovative Cities ranking, climbing up the index from fourth place, knocking Bristol off of second spot. Over the last 12 months there have been 1,649 Kickstarters registered in the city, 276 more registations than the previous year. Likewise, there are 62 new startup businesses per 10,000 people.

London is the UK’s most innovative city in the UK for the second year running

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For the second year running, the UK’s capital, London ranks as the most innovative city in the UK. Search trends for ‘how to start a business’ are up by a staggering 125%. As a result of this, there has been a 19.30% change in the number of startup businesses from 2020 to 2021 as budding entrepreneurs set out to start their own small business.

Leeds ranks as the third most innovative city in the United Kingdom

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Our 2021 report saw the Yorkshire city of Leeds ranking in fifth place, however, the city now ranks in the top three in the 2022 index as the third most innovative city. There are 865 kickstarter projects in Leeds, as budding entrepreneurs put their ideas forward to become reality. Additionally, there was a 6.9% increase in the number of registered businesses in Leeds, showing the high levels of entrepreneurship in the city.

How small businesses can maximise innovation

Paymentsense have pulled together some helpful tips for small business owners on how they can boost innovation within their business

  1. Bring people with different perspectives into the team

Having a diverse team of people who have different perspectives is important for approaching a task from all different angles. Allowing for unique passions, skills, abilities and backgrounds is a great way to ideate fresh ideas using an innovative approach.

  1. Have innovation as a core value of your business

Everyone in the business needs to understand that by not stepping outside the box and trying something new, can sometimes be the biggest risk to a business. Encourage your employees to share their ideas, big or small. Allow them to explore their initiatives and be honest and open.

  1. Offer training to your employees

Inspire and motivate your employees by offering training that will inspire creativity and approach tasks in a different way. Training doesn’t have to cost money, there are loads of free training courses out there like those offered by the Open University’s OpenLearn initiative.

Sam Allcock
Sam Allcock
With over 20 years of experience in the field SEO and digital marketing, Sam Allcock is a highly regarded entrepreneur. He is based in Cheshire but has an interest in all things going on in the North West and enjoys contributing local news to the site.
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