Ecosystems in cities all over the world are growing and producing successful start-ups. The Startup Genome released the top 20 cities for start-up economics.
The company Startup Genome, in partnership with the Global Entrepreneurship Network, released the Global Startup Ecosystem Report 2017: a year’s worth of research spanning 10,000 start-ups and 300 partner companies, across more than 100 cities in 50 counties. The cities were thoroughly analysed and ranked based on their activity and other important factors for start-up success such as performance, funding, market reach, talent and start-up experience. Among the top 20 start-up ecosystems, nine are located in North America, six in Europe, with the remaining five in Asia.
“There is a revolution going on — the global start-up revolution. We are changing the world together. All of us working in different parts of the ecosystem. ” – JF Gauthier, founder and CEO of Startup Genome
“The mission of the Global Entrepreneurship Network (GEN) is to help build one entrepreneurial ecosystem. People are mobile, ideas fly around the world, and capital moves rapidly across borders. Entrepreneurs no longer need to be constrained by geographic boundaries.” – Jonathan Ortmans, president of Global Entrepreneurship Network
London is undoubtedly Europe’s capital when it comes to tech ecosystems. The ecosystem is comprised of about twice as many start-ups as the next biggest European ecosystem. The city boasts around 4,300 to 5,900 active start-ups, which is the fourth highest start-up output in the world.
Berlin continues to beckon international founders and talent with its affordable downtown flats, hip culture and lax visa laws. Berlin has the second highest percentage of immigrant founders at 43%, trailing only Silicon Valley. The city has not yet reached its full potential, so it can safely be said that the city is racing toward a bright and ambitious future.
Nearly 90% of the Dutch population speaks English, making Amsterdam an attractive location. Dutch start-ups have a knack for exceeding their own expectations. An amazing 42% of start-ups reported that they are offering a product that is the first of its kind globally. In relation to the world average of 34%, this underlines the ambition of Amsterdam founders to start and scale a start-up with global footprint.
Website: Startup Genome
Carl Goes London
Carl Goes London is the city guide for creatives, entrepreneurs and the generally curious, who want to become a citizen of London for the duration of their stay, whether it’s for three days, three weeks or three months.
Carl Goes Berlin
Carl Goes Berlin is the city guide for entrepreneurs, creatives and the generally curious who want to become a citizen of Berlin for the duration of their stay, whether it’s for three days, three weeks or three months.
Carl Goes Amsterdam
Carl Goes Amsterdam is the city guide for creatives, entrepreneurs and the generally curious, who want to become citizens of Amsterdam for the duration of their stay, whether it’s for three days, three weeks or three months. This city guide is full of hidden gems recommended by locals.