Latest news with #GlobalStartupEcosystemIndex
Indian Express
5 days ago
- Business
- Indian Express
Top 10 startup cities in 2025: Indian city secures #10th rank, two more in global top 20
10 Best Startup Cities in the World (2025): The latest report from Startup Blink reveals that, despite a strong global startup economy, the overall growth rate has declined to just under 21%. San Francisco continues to lead the rankings with an annual ecosystem growth of 19.9% for 2025, followed by New York and London. Although San Francisco retains its lead over New York, the gap between the two has slightly narrowed from 2.8× to 2.7× New York's score, with London standing out with a growth rate of nearly 30%, the highest among the three cities. The report further highlighted Asia-Pacific's rapid growth by 27.4%, with the region's cities like Beijing, driven by a growth rate of over 25%, overtaking Boston to rank 5th. Singapore City has also made significant strides, moving from 22nd to 12th place in 2025, driven by an impressive growth rate exceeding 50%, placing it closer to entering the top 10. In a notable mention, Seoul, the capital of South Korea, has entered the global top 20 for the first time, securing the 20th position after achieving over 30% growth for three consecutive years. As global investors seek diverse investment opportunities, cities worldwide are competing to establish themselves as prominent hubs for startups; listed below are the world's top 10 startup cities in 2025. Source: StartupBlink – Global Startup Ecosystem Index 2025 India has reversed the positive momentum it experienced last year, falling to 22nd place worldwide in 2025. This marks one of the steepest declines among the global top 25. Despite this, the country has six cities ranked in the global top 100 and stands out as one of only three countries, along with the United States and China, having three cities in the top 20. Recording a growth of 13.8%, the lowest among the top 10, Bangalore rounds up the top 10, trailing behind Paris and Tel Aviv in 2025; New Delhi follows next at 11th with +15.5% growth. In 2025, Mumbai is ranked 18th globally, rising two positions with a growth rate exceeding 30%, which is the highest among India's major cities. In contrast, Hyderabad, Pune, and Chennai each experience growth of less than 14%. As a result, they drop 5, 3, and 7 places, respectively, in the rankings, making them the slowest-growing Indian cities in the top 100. Source: StartupBlink – Global Startup Ecosystem Index 2025 Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at ... Read More
Yahoo
26-05-2025
- Business
- Yahoo
London's Startup Ecosystem Sees Major Leap in Global Rankings
LONDON, Ontario, May 26, 2025 (GLOBE NEWSWIRE) -- London's thriving startup ecosystem has earned global recognition again. In the newly released Global Startup Ecosystem Index 2025 by StartupBlink, London has climbed an impressive 165 spots globally. Nationally, the city has moved up to the 12th position, overtaking Hamilton (13th), Saint John (14th), Winnipeg (15th), and Fredericton (16th). This jump in ranking reflects massive momentum in London's tech and innovation ecosystem, driven by ambitious founders, visionary industry leaders, collaborative public-private partnerships, and sustained support from champions like TechAlliance of Southwestern Ontario. The annual Global Startup Ecosystem Index benchmarks over 1,000 cities worldwide, tracking performance across innovation infrastructure, startup activity, and international competitiveness—offering a vital dashboard for measuring industry health and progress. 'Recognition on this global index is a testament to the ambition of our startup founders and the strength of our innovation economy,' said Christina Fox, Chief Executive Officer at TechAlliance of Southwestern Ontario. 'Coupled with London's position as #4 on CBRE's report on Top Emerging Tech Markets in North America, the StartupBlink index amplifies the region's acceleration, and its global position, fortifying London, Ontario as one of the best places in Canada to become a unicorn. As the lead voice for the industry, TechAlliance fosters a vibrant tech community, empowering the growth of competitive, world-class ventures that drive economic prosperity here in Southwestern Ontario, while also shaping and fueling Canada's innovation economy.' In 2024, Canada attracted $8.8 billion USD in funding and was home to 22 unicorn companies. While the nation experienced a slight dip—falling from 4th to 5th place in the global rankings—the Global Startup Ecosystem Index points to strong fundamentals and an optimistic future, especially as efforts shift toward producing startups with greater international competitiveness. That growth starts at the regional level. Doubling down on investor, founder and industry engagement, with a mandate to accelerate the growth of tech companies in Southwestern Ontario, TechAlliance supports entrepreneurs and their companies with strategic advisory, investment-readiness, storytelling, and advocacy. This approach not only builds a highly competitive local economy but also positions the greater London area as a key Canadian contributor on the global innovation map. For more information or media inquiries, please contact: Farida Abdelnabi Communications Manager TechAlliance of Southwestern Ontario 647.676.2461 About TechAlliance of Southwestern Ontario Headquartered in London, Ontario – one of the top ten emerging tech markets in North America, TechAlliance is the lead voice for the most promising startups and highest potential scaling companies in Southwestern Ontario. Home to a concentration of made-in-Canada unicorns, and supporting pathways to capital, customers, and talent, TechAlliance empowers world-class ventures and fuels growth in Canada's innovation economy by supporting founders and ventures at every stage of the entrepreneurial journey. As the place for dreamers, innovators, and world-changing ideas, TechAlliance fosters a vibrant tech community for founders, industry leaders, tech talent, and capacity builders, champions and coaches entrepreneurs, and amplifies and impacts businesses across the region. Funded in part by the Government of Ontario, Regional Innovation Centres help Ontario-based innovators and entrepreneurs clear commercialization hurdles –- accelerating the growth of companies so that they can compete and succeed globally and create high quality jobs in our in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
London's Startup Ecosystem Sees Major Leap in Global Rankings
LONDON, Ontario, May 26, 2025 (GLOBE NEWSWIRE) -- London's thriving startup ecosystem has earned global recognition again. In the newly released Global Startup Ecosystem Index 2025 by StartupBlink, London has climbed an impressive 165 spots globally. Nationally, the city has moved up to the 12th position, overtaking Hamilton (13th), Saint John (14th), Winnipeg (15th), and Fredericton (16th). This jump in ranking reflects massive momentum in London's tech and innovation ecosystem, driven by ambitious founders, visionary industry leaders, collaborative public-private partnerships, and sustained support from champions like TechAlliance of Southwestern Ontario. The annual Global Startup Ecosystem Index benchmarks over 1,000 cities worldwide, tracking performance across innovation infrastructure, startup activity, and international competitiveness—offering a vital dashboard for measuring industry health and progress. 'Recognition on this global index is a testament to the ambition of our startup founders and the strength of our innovation economy,' said Christina Fox, Chief Executive Officer at TechAlliance of Southwestern Ontario. 'Coupled with London's position as #4 on CBRE's report on Top Emerging Tech Markets in North America, the StartupBlink index amplifies the region's acceleration, and its global position, fortifying London, Ontario as one of the best places in Canada to become a unicorn. As the lead voice for the industry, TechAlliance fosters a vibrant tech community, empowering the growth of competitive, world-class ventures that drive economic prosperity here in Southwestern Ontario, while also shaping and fueling Canada's innovation economy.' In 2024, Canada attracted $8.8 billion USD in funding and was home to 22 unicorn companies. While the nation experienced a slight dip—falling from 4th to 5th place in the global rankings—the Global Startup Ecosystem Index points to strong fundamentals and an optimistic future, especially as efforts shift toward producing startups with greater international competitiveness. That growth starts at the regional level. Doubling down on investor, founder and industry engagement, with a mandate to accelerate the growth of tech companies in Southwestern Ontario, TechAlliance supports entrepreneurs and their companies with strategic advisory, investment-readiness, storytelling, and advocacy. This approach not only builds a highly competitive local economy but also positions the greater London area as a key Canadian contributor on the global innovation map. For more information or media inquiries, please contact: Farida Abdelnabi Communications Manager TechAlliance of Southwestern Ontario 647.676.2461 About TechAlliance of Southwestern Ontario Headquartered in London, Ontario – one of the top ten emerging tech markets in North America, TechAlliance is the lead voice for the most promising startups and highest potential scaling companies in Southwestern Ontario. Home to a concentration of made-in-Canada unicorns, and supporting pathways to capital, customers, and talent, TechAlliance empowers world-class ventures and fuels growth in Canada's innovation economy by supporting founders and ventures at every stage of the entrepreneurial journey. As the place for dreamers, innovators, and world-changing ideas, TechAlliance fosters a vibrant tech community for founders, industry leaders, tech talent, and capacity builders, champions and coaches entrepreneurs, and amplifies and impacts businesses across the region. Funded in part by the Government of Ontario, Regional Innovation Centres help Ontario-based innovators and entrepreneurs clear commercialization hurdles –- accelerating the growth of companies so that they can compete and succeed globally and create high quality jobs in our in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
21-05-2025
- Business
- Business Insider
Top 10 countries leading Africa's Startup ecosystem in 2025
Africa's startup ecosystem has experienced a profound transformation in recent years, propelled by innovation, increased investment, and the rapid expansion of the digital economy. Business Insider Africa presents the 10 best African countries for Startups The ranking is courtesy StartupBlink's Global Startup Ecosystem Index 2025! Africa sees regional variations, with Southern and Northern Africa leading in growth and infrastructure. As of 2025, Africa is steadily establishing itself as a global hotspot for Startups and entrepreneurial activity, with a number of ecosystems making significant strides in both scale and sophistication. The Global Startup Ecosystem Index by StartupBlink, published annually since 2017, ranks 1,473 cities and 118 countries worldwide, providing a comprehensive overview of the global startup landscape. The data showing Startup growth globally reveals that Asia–Pacific leads all regions, expanding by +27.4%. Europe follows at +26.2%, with the Middle East & Africa close behind at +24.9%. The rankings are derived from hundreds of thousands of data points, processed through a proprietary algorithm that assesses ecosystems across three core subscores: Quantity (the level of startup activity), Quality (the success and impact of these activities), and Business Environment (the overall conduciveness of the ecosystem to startup growth). This rigorous, data-driven methodology considers factors such as the number of startups, access to funding, and the presence of support structures like accelerators and co-working spaces. It provides valuable insights into emerging trends, highlights successful ecosystem models, and identifies areas in need of strategic intervention. In doing so, it empowers policymakers, investors, and ecosystem builders to make informed decisions that can accelerate sustainable innovation and economic development across the continent. StartupBlink's findings on Africa The StartupBlink's report on Africa highlights a continent undergoing a dynamic shift in its startup ecosystem. Africa's startup landscape in 2025 shows uneven but dynamic regional growth. Southern Africa leads with a 24.9% increase in startups, supported by mature infrastructure, strong financial systems, and policy backing. Northern Africa follows with 22.9% growth, driven by a young digital population, cross-border collaboration, and expanding support networks. Western Africa records 16.4% growth, propelled by fintech innovation and entrepreneurial energy, though hampered by structural and regulatory challenges. Eastern Africa sees moderate growth at 6.1%, with progress in agri-tech and mobility despite infrastructure gaps. Central Africa trails with just 1.9% growth, reflecting deep-rooted limitations but also significant untapped potential. Despite persistent challenges like infrastructure gaps, limited capital, and regulatory hurdles, Africa's entrepreneurial and digital sectors are gaining momentum. Growth is fueled not just by the number of startups, but by increasingly supportive ecosystems featuring better policies, rising tech talent, improved funding access, and thriving innovation hubs driving the continent's digital economy. According to the 2025 Global Startup Ecosystem Index by StartupBlink, the top 10 African countries driving this momentum are: Africa Rank Country Global Rank Total Score 1 South Africa 52 3.927 2 Kenya 58 2.764 3 Egypt 65 2.100 4 Nigeria 66 2.080 5 Cape Verde 95 1.040 6 Ghana 81 0.800 7 Tunisia 82 0.780 8 Namibia 85 0.740 9 Morocco 88 0.680 10 Senegal 92 0.570 The top five African startup hubs are led by South Africa (rank 52, score 3.927), known for strong infrastructure in Johannesburg and Cape Town. Kenya (rank 58, score 2.764) thrives with mobile tech innovation in Nairobi. Egypt (rank 65, score 2.100) grows through government support in Cairo and Alexandria. Nigeria (rank 66, score 2.080) is a fintech hotspot in Lagos, driven by a large youth population. Cape Verde (rank 95, score 1.040) is an emerging hub with improving infrastructure and government backing.
The Star
26-04-2025
- Business
- The Star
HCM City thrives 50 years post-reunification: insights from a city official
HCM CITY: Ho Chi Minh City has undergone a significant transformation over the past 50 years, emerging from the shadows of conflict to become one of Southeast Asia's most dynamic metropolises. On the occasion of the 50th anniversary of South Vietnam liberation and national reunification, Vietnam News reporter Bo Xuan Hiep speaks with Vo Van Hoan, vice chairman of the municipal People's Committee (Administration), about the city's achievements since 1975 and the vision for the future. Can you share your view about how HCM City has developed since Vietnam's reunification in 1975? In 1975, when the war ended, HCM City, formerly known as Saigon, was a city grappling with the aftermaths of conflict. Infrastructure was undeveloped, the economy was in disarray, and social services were stretched thin. However, the determination of its people paved the way for recovery. One of the most significant achievements in HCM City's post-reunification era has been its economic growth. An important moment came in 1985 when 70 American business representatives visited, signalling the start of a new chapter in global engagement for us. The shift towards a market economy in the late 1980s, known as "Doi Moi" (Renewal), catalysed this transformation. HCM City is currently home to thousands of businesses, startups, and multinational corporations. It has positioned itself as the economic powerhouse of Vietnam, contributing nearly 23 per cent of the national GDP. The city has established solid relationships with 58 cities worldwide and is actively involved in various international organisations. What are the key sectors that have driven this development? Over the past 50 years, HCM City has transformed into a vibrant metropolis driven by key sectors such as manufacturing, services, technology, and logistics. Its manufacturing sector, focused on textiles, electronics, and food processing, has generated jobs and supported local and international markets. Passengers on HCM City's inaugural metro train, which began operation at the end of 2024. - Photo: VNS As Vietnam's largest economic hub, the city enjoys a dynamic retail and wholesale trade landscape due to its strategic location and advanced logistics. The services sector, including finance, banking, real estate, and tourism, has also grown significantly. In addition, the city's transport infrastructure has improved with developments such as the first metro line, which opened recently after 12 years of construction, marking a step toward a modern public transit system. The city is also becoming a thriving tech hub, focused on science, technology, and innovation to drive growth. It aims to launch 5,000 new start-ups by 2030 and already hosts over half of the country's start-ups. Ranked 111th in the 2024 Global Startup Ecosystem Index, the city stands third in Southeast Asia after Singapore and Jakarta. It also aims to reach the top 100 by 2030 and emerge as a regional start-up powerhouse. What role does culture play in the development of HCM City today? Beyond economic achievements, HCM City has also seen a cultural renaissance. Our rich history and vibrant culture are what make HCM City unique. The city is actually a melting pot of diverse influences, showcasing a blend of traditional Vietnamese culture and modern global trends. Festivals, art exhibitions, and culinary events abound, attracting both locals and tourists. Historic and cultural landmarks such as the War Remnants Museum and Reunification Palace honour the past while its contemporary galleries and theatres highlight the innovative spirit of the youth. In addition, cultural exchange programmes celebrate the diversity of its ethnic communities, enriching the social fabric and promoting inclusivity. What are the major challenges facing the city in the next decade? Despite these successes, HCM City is facing various challenges, including traffic congestion, pollution, and housing shortages, among others. As the population grows rapidly, many families struggle to find affordable housing, putting pressure on the city's infrastructure. The increase in vehicles has led to frustrating traffic jams that disrupt daily life, making commutes longer and more stressful. In addition, pollution and climate change are pressing concerns that demand green solutions for a healthier future. Healthcare services may also be stretched thin as more residents seek care, highlighting the need for improvement in medical facilities. We are working on comprehensive plans to improve public transport, enhance green spaces, and provide affordable housing. One of the city's most important tasks is to address the disparities between different economic groups to ensure that everyone has access to opportunities and resources. In your opinion, what does the future hold for the city? We envision a city that thrives mainly on innovation and inclusivity. It is focused on leveraging technology to improve governance and service delivery, aiming to create a more transparent and efficient administrative system. Our mission is to empower our citizens, promote equality, and ensure that the benefits of growth are shared by all. The city aims to be a leading economic, financial, and innovative hub in Southeast Asia by 2045, enhancing its global presence through creative diplomacy. With a strategic location, youthful workforce, and expanding consumer market, the city also aims to become an International Financial Centre (IFC) over the next five years. With a rich history, a vibrant economy, and a commitment to sustainable development, the city is poised for a promising future where there is no one left behind. - Vietnam News/ANN
