Genomoe's 2017 Global Startup Ecosystem Report

Genomoe's 2017 Global Startup Ecosystem Report

Posted by Naveen on March 28th 2017

Start-up Genome is a global collaborative effort to help regions e nurture and maintain thriving tech start-up ecosystems. It has recently released the 2017 Global Start-up Ecosystem Report. The  insights, gathered from 10,000+ start-up companies and 300 partner organizations, provide a starting point for founders, employers, local leaders, and policymakers in 50+ cities around the world to make informed and timely decisions that drive innovation and economic growth.
In order for more start-ups around the world to thrive, we need to understand the underlying influences of start-up ecosystems’ success. Start-up Genome benchmarks start-up ecosystems, combining objective data analysis with input from founders, to provide knowledge that empowers local regions to build consensus for action and attract healthy start-up communities.
As part of the report it has published the rankings of the top 20 start-up ecosystems which have been made on the basis of five parameters – performance, funding, market reach, talent, and start-up experience. Of the total, nine are located in North America, six in Europe, and five in Asia.
The Start-up hub of India Bengaluru has been given the 20th ranking and is the only Indian city to be ranked. It also states, that Bengaluru currently has an estimated 1,800-2,300 active tech start-ups and its tech employees are also among the youngest and the most cost-efficient .
Click here for the full report


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