Home » Which provinces are the most business-friendly? Here is the index of the “ferment”

Which provinces are the most business-friendly? Here is the index of the “ferment”

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● Support development agencies and sector operators (consultants and analysts) in helping entrepreneurs, managers and, overall, ecosystems, to thrive thanks to a set of comparable indicators between provinces and over time.

«This tool – underlines Fernando Alberti – arises from the need to map the peculiar characteristics of each Italian territory in terms of the ability to innovate, dynamism, and attractiveness for talents and companies. This is not a static photograph, but an analysis that aims to express how situations can evolve over time and how competitiveness is not an immutable fact ».

Index processing

The Institute for Entrepreneurship and Competitiveness has examined five important international benchmarks – Gem, Oecd / Iep, Gedi and Redi, and Surge Cities Index – therefore, from the analysis of the evidence and “the occurrences of common indicators among them, a set of five dimensions more suitable for describing and analyzing the Italian local context has been defined ». Specifically, these are skills development, industrial fabric, financial development, innovation and entrepreneurial performance. In cascade, twenty indicators were then identified to reach “the analysis and understanding of the dynamism of entrepreneurial ecosystems”, reads the report.

The first three: Milan unreachable

Milan comes first with the maximum score of 100, having obtained this evaluation in all indicators except one: 86 in that relating to entrepreneurial performance. “An ecosystem, the Milanese one, which is first in Italy for the number of innovative companies, registering over 1000 innovative startups and more than 250 innovative SMEs” explains the research. «Over the years Milan has also become a financial hub for Italian startups. The highest density of events at national level in support and dissemination of the entrepreneurial culture, the various online communities that organize training and networking events and the numerous collaborative spaces in the city that offer incubation and acceleration programs are also decisive for the placement ».

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Rome pushed by startup funding

Rome, in second place, obtained an overall score of 56, the result of 84 for entrepreneurial performance, 62 for the industrial fabric, 62 for financial development, 41 for innovation and 31 for skills development. Particularly significant for the position of the province is the leading role in the financial development of the country, with 35 early stage investments in startups registered in the last three years (Rome is thus in second position behind only Milan).

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