Latest news with #StartupBlinkGlobalStartupEcosystemIndex
Indian Express
30-07-2025
- Business
- Indian Express
Top 10 countries as startup hubs in 2025: Here is where India stands
Top 10 countries as startup hubs in the 2025 list: The year 2025 marks a turning point for the global startup ecosystem, as it witnesses a growth rate below 21%, according to the latest Startup Ecosystem report. Among the top ten, a notable divide exists between the leading trio—with the United States in first place, the United Kingdom in second, and Israel in third—and Singapore, at the fourth position, which is rapidly approaching this elite group. While the US continues to lead the global startup ecosystem, it is maintaining its position with 221 cities ranked among the top 1,000 worldwide on the 2025 index. Despite this, it is exhibiting signs of a slowdown, recording the lowest growth rate among the top 50 ecosystems at merely 18.2%. The UK's startup ecosystem, contrarily, ranking 2nd, has shown a growth rate of 26.34%, one of the highest among the top 20. It has successfully reversed the trend of declining score gaps with Israel, increasing its lead from 8.6% in 2024 to 13.8% in 2025. Israel, meanwhile, in third place, remains stable globally with a growth rate of 20.58%, which is relatively low compared to the other top ten countries. Notably, Singapore, at the fourth position, is rapidly approaching the elite group of the top 3, as it has achieved a remarkable 44.91% growth rate in 2025. It has replaced Canada's long-standing presence in the global top 4 since the introduction of this index, pushing it to 5th place. While no country in Europe has managed to push into the global top 5, Sweden, ranking 6th with over 30% of the growth rate, is edging closer to Canada. Rounding up the top 10, Switzerland, which previously was at the 10th position, overtook the Netherlands to claim the 9th rank in 2025. Source: StartupBlink Global Startup Ecosystem Index 2025 India has reversed the positive momentum it experienced last year, falling from 19th 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. 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
Morocco World
26-05-2025
- Business
- Morocco World
What Does the 2025 Global Startup Ecosystem Index Reveal About Morocco?
Doha – Morocco's startup ecosystem has catapulted forward on the international stage. The country now ranks 88th globally, climbing four spots from the previous year's 92nd position, with a score of 0.687 in the 2025 StartupBlink Global Startup Ecosystem Index. The North African country recorded the highest growth rate in its region at 23.1%, trailing only Egypt (65th globally) and Tunisia (82nd). The comprehensive report, which evaluates 1,473 cities and 118 countries worldwide, positions Morocco as the third-strongest startup ecosystem in Northern Africa. This improvement reflects the country's growing appeal as a stable and affordable base for entrepreneurs targeting North African markets. At the continental level, Morocco ranks 9th in Africa, ahead of Senegal but behind South Africa, Kenya, Nigeria, Cape Verde, Ghana, and Namibia. Globally, the top five positions are held by the United States, the United Kingdom, Israel, Singapore, and Canada. Top-ranking Moroccan cities Casablanca remains the undisputed center of Morocco's startup activity. The city jumped 42 positions to rank 317th globally, with an impressive growth rate exceeding 40% — the highest among Moroccan cities and throughout Northern Africa. Its total score is more than 6.5 times larger than second-ranked Rabat. Rabat also showed strong performance, climbing seven spots to 811th globally with over 20% growth. Beyond these leading centers, the StartupBlink Index also tracks other Moroccan cities: Marrakech (1060th) showed positive momentum with 12% growth, while Tangier made its debut in the rankings at position 1151. Conversely, Agadir's position appears precarious, as it experienced negative growth and risks falling out of the global top 1,000. A robust ecosystem The StartupBlink data reveals Morocco's startup funding reached $176.9 million in 2024. The country ranks 71st globally in the Ecommerce & Retail sector and has produced three startups backed by prestigious accelerator Y Combinator. The ecosystem has celebrated several success stories, including acquisitions of startups like DabaDoc, Moteur, and WaystoCap. In 2023, B2B food distribution platform Terraa secured $1.5 million in pre-seed funding — the largest of its kind in Morocco — led by FoodLabs with participation from multiple venture capital firms. Furthermore, the report highlights how Chari, a B2B e-commerce platform, reached a landmark moment in 2022 with a $100 million valuation during a bridge funding round — cementing its status as a standout force in Morocco's evolving startup ecosystem. The Index findings correspond with tangible government action to foster entrepreneurship, including targeted tax exemptions for startups and the Maroc PME program supporting small and medium enterprises. In 2022, authorities launched MoroccoTech, a national brand promoting the digital sector and positioning Morocco as an international digital hub. Fueling Morocco's startup-driven future Subsequently, the Digital Morocco 2030 strategy was introduced with an allocation of approximately $24 million to support local startups and facilitate their international expansion. The country hosts GITEX Africa, the region's largest tech event, attracting startups, investors, coders, and academics. Many Moroccan youth are becoming high-quality freelancers, gaining expertise from international clients — a knowledge base that could fuel the next generation of Moroccan startups. The analysis identifies several active capital sources for Moroccan entrepreneurs, including UM6P Ventures and Maroc Numeric Fund. Specifically, UM6P Ventures operates two funds targeting pre-seed and seed-stage startups across various sectors. The Innov Invest Fund, established in collaboration with the World Bank and European Union, aims to enhance financing access for SMEs and startups. Moreover, Impact Lab in Casablanca serves as a cornerstone hub supporting social and environmental startups. Nevertheless, the report acknowledges persistent obstacles. The ecosystem faces economic and social challenges, including limited access to education and healthcare, gender inequality, and inadequate startup funding and legislation. Addressing these issues will be crucial for unlocking the full potential of Moroccan entrepreneurs and enabling them to make a substantial impact on their local ecosystems. Tags: startup ecosystem MoroccoStartups in Morocco
