The Global Startup Ecosystem Report 2022

Acknowledgments

A project like the Global Startup Ecosystem Report can only be realized with an enormous effort from both the project team and external supporters. Several partners have invested significant resources into the project. Numerous advisors, founders, investors, and industry experts have given us access to their knowledge, networks, and time because they support our vision and want to move their ecosystem and the whole startup sector forward. Startup Genome and Global Entrepreneurship Network (GEN) would like to express our deep gratitude and appreciation to everyone who contributed towards making this project possible.


Startup Genome Authors

JF Gauthier, Chief Executive Officer
Marc Penzel, President
Stephan Keuster, Head of Ecosystem Strategy
Hazel Boydell, Editor-in-Chief

External Authors

Jonathan Ortmans, Founder and President, Global Entrepreneurship Network
Susan Amat
Dhaval Chadha
Mari Sako
Joel Solomon
Damilola Teidi-Ayoola
Matthias Qian

Project Team

Startup Genome

JF Gauthier, Founder & CEO
Marc Penzel, Founder & President
Stephan Keuster, Head of Ecosystem Strategy
Tricia (Whitlock) Naik, Chief Operations Officer
Dr. Christopher Haley, Head of Research
Hazel Boydell, Editor-in-Chief
Rahul Chatterjee, Director, Global Operations & MD, Delhi
Adam Bregu, Director of Business Development & Partnerships
Dr. Farshad Fahimi, Director of Data Strategy
Pranav Arya, Senior Consultant
Sama Siddiqui, Member Relationship Lead
Anastasia Ilcov, Growth Marketing Manager
Ethan Webster, Innovation PoliAcy Specialist
Utkarsh Jain, Consultant
Aditya Thakkar, Consultant
Akshat Agarwal, Manager Research
Poorva Mendiratta, Consultant
Shreesh Dubey, Senior Operations Coordinator
Pratibha Verma, Project Manager
Anshika Gandhi, Senior Business Analyst
Nimisha Mendiratta, Business Analyst
Parshant Sharma, Project Manager, Data Science
Rahul Kumar, Data Scientist
Aman Bansal, Data Scientist
Tushar Jain, Data Analyst
Parth Arora, Business Analyst
Tanishq Malik, Business Analyst
Janice Venable, PR & Events Expert
Hana Javurkova, PR & Events Expert
Pavan Kumar, Manager of Sales Operations & CRM Administrator
Shekhar Parihar, Process Lead, Lead Generation & CRM Support
Neha Thapliyal, Business Development Assistant
Ana Lucia Osorio, Executive Assistant to the CEO
Gauri Narula, Research Intern
Parisaa Tripathi, Research Intern
Nakul Chaturvedi, Research Intern
Riddhi Sehgal, Research Intern
Vasken Spiru, Data Science Intern
Pratiksha Jena, PR & Marketing Intern
Ana Chadwell, Sales Intern
Litslink, Website Development
Indulge Media, Design
Kritivity Web Solutions, Design
Nicole Webster, Design
Vidur Sehgal, Design
MyStartupCFO, Finance & Accounting

Contributing Authors

Leigh Buchanan
Anthony Griffin
Jessica Stillman
Joshua Thompson
Arnobio Morelix

Global Entrepreneurship Network

Jonathan Ortmans, President
Mark Marich, Executive Vice President
Matt Smith, Director for Policy and Research
Cecilia Wessinger, Director for Global Community
Peter Komives, Vice President for Strategic Development
Susan Amat, Vice President for Education

Image Credits

Expect Best via Pexels
Pixabay via Pexels
Matthew Simmonds via Pexels
Maarten van den Heuvel via Pexels
Marcin Skalij via Unsplash
Joao Tzanno via Unsplash
Davi Costa via Unsplash
Urlaubstracker via Unsplash
Nupo Deyon Daniel via Unsplash
Tapio Haaja via Unsplash
Sherif Moharram via Unsplash
Satyaprakash Kumawat via Unsplash
WallpaperAccess
Onlyyouqj via Freepik

Key Author Bios

Startup Genome

JF Gauthier undefined

Founder and CEO. JF is the world’s leading voice in innovation ecosystem development, having advised more than 100 governments and private-public partnerships across 35 countries. He has founded five businesses and led others across two continents and three sectors (Tech, Life Sciences and Cleantech), achieving two exits plus one at scaleup stage. He is also an active angel investor and previously worked in corporate innovation, advising IBM, Cisco, Agilent/HP, J&J, and Abbott for the firm of Kim Clark (former dean of Harvard Business School) alongside Clayton Christensen and other thought leaders. Harvard MBA.


Marc Penzel undefined

Founder and President. Marc is leading global growth and impact. Prior to founding Startup Genome, he co-led the startup ecosystem development unit at Silicon Valley-based Startup Compass. At PwC, KPMG, and Bayer Group’s internal management consultancy, Marc advised top executives across various sectors.He also founded a nonprofit organization to catalyze social innovation and was appointed Expert in Entrepreneurship, IT and Future of Economic Progress by the World Economic Forum. In 2017, his work to develop startup ecosystems everywhere has led him to receive a U.S. Visa for Individuals with Extraordinary Ability.

Stephan Kuester undefined

Head of Ecosystem Strategy. Stephan works with clients in government and private industry consortia all around the world, advising on the creation and the acceleration of tech and innovation clusters and related public and private policy. Prior to his role at Startup Genome, Stephan headed up the International Consulting practice at UK ecosystem agency Tech Nation (formerly Tech City UK) in London and served as Managing Director of Digital Switzerland. Previous to his work in the digital ecosystems space, Stephan worked as an Executive Director for professional services firms Arthur Andersen and Ernst & Young. Stephan holds an MSc in Economics and studied at the University of Bonn, Germany and the London School of Economics (LSE).

Hazel Boydell undefined

Editor-in-Chief. Hazel leads the production of the Global Startup Ecosystem Report, sub-sector reports, and other publications. An experienced editor and copywriter, she studied journalism and English before completing Columbia University's publishing course. After working in independent trade book publishing for many years, she moved into the world of entrepreneurship as Startup Guide's Editor-in-Chief before joining Startup Genome.

Global Entrepreneurship Network (GEN)

Jonathan Ortmans undefined

Founder and president of the Global Entrepreneurship Network, working to foster healthier local entrepreneurship ecosystems in more than 170 countries while connecting them into one global ecosystem. In 2008, he launched GEN’s cornerstone initiative, Global Entrepreneurship Week, enabling millions of people to explore their potential through thousands of local GEW activities and competitions each November. Through building GEW, Ortmans assembled a broad multi-disciplinary coalition that is the backbone of GEN operations, including entrepreneurs, investors, policymakers, researchers and affiliated support organizations. He serves as a longtime advisor to the Kauffman Foundation and chairs the Global Entrepreneurship Congress.

Partners & Collaborators

Global Partners

  • TNW: TNW is a global digital brand that informs, inspires, and connects people who love tech, through media, events, and spaces. Primarily known for its media outlet and award-winning tech events, TNW also incorporates a coworking label, a global startup database, and delivers custom innovation programs to corporates and governments.

  • Bella Private Markets: Provides actionable advice on private capital challenges. Combining rigorous academic approaches with real world industry expertise, its expert team focuses on complex, customized projects that require thorough analysis, whether quantitative or qualitative in nature, to help its clients assess or design strategies, improve performance, and chart winning strategies for the future.

  • Crunchbase: Everyday investors, journalists, founders, and the global business community turn to Crunchbase for information on startups and the people behind them.

  • Dealroom.co: The foremost data provider on startups, growth companies, and tech ecosystems globally. Dealroom.co now works with many of the world's most prominent investors, entrepreneurs and government organizations to provide transparency, analysis and insights on startups and venture capital activity.

  • Tech Nation (formerly Tech City UK): Empowers ambitious tech entrepreneurs through growth programs, digital entrepreneurship skills, a visa scheme for exceptional talent, and by championing the UK digital sector through data, stories, and media campaigns.


Startup Genome Network Members

Startup Genome provides its members with innovation policy advice and exclusive research. Members also gain access to a global network of policymakers, government representatives, and other leaders to further support and accelerate the growth of innovation ecosystems.


Abu Dhabi

Hub71


Amsterdam

Techleap.nl

KIC InnoEnergy SE

Atlantic Canada

Innovacorp

Atlantic Canada Opportunities Agency (ACOA)


Bahrain

Tamkeen

Belgrade & Novi Sad

Cabinet of the Minister for Innovation and Technological Development
Digital Serbia Initiative


Biscay Startup Bay

Diputación Foral de Bizkaia

Bogotá

iNNpulsa

District Secretariat of Economic Development (DSED)

Invest in Bogotá

Budapest

National Research, Development and Innovation Office

Ministry of Innovation and Technology

Cairo

Information Technology Industry Development Agency

Calgary

Platform Calgary

Calgary Economic Development


Cape Town
City of Cape Town

WESGRO

Silicon Cape for Cape Town

Denmark

Digital Hub Denmark


Doha

Qatar Development Bank

Edmonton

City of Edmonton

Frankfurt

TechQuartier

StartHub Hessen

Helsinki Metropolitan Area

City of Helsinki

City of Espoo

City of Vantaa

Hesse

Hessian Ministry for Economic Affairs, Energy, Transport and Housing

Indiana

Indiana Economic Development Corporation

Israel
Israel Innovation Authority

Istanbul

Istanbul Development Agency

Bangalore - Karnataka

Karnataka Innovation and Technology Society

Bangalore Bioinnovation Centre

Kerala

Kerala Startup Mission

Kuala Lumpur

Cradle Fund

Kyoto

Kyoto Wisdom Industry Creation Center

London

Tech Nation

Lille

EuraTechnologies

Luxembourg
The Government of the Grand Duke Luxembourg

Mannheim-Heidelberg

Technologiepark Heidelberg

Manila

Department of Trade and Industry

Melbourne

LaunchVic

La Trobe University

Metro Rhein-Ruhr

Ministry for Economy, Innovation, Digitization and Energy of the State of North Rhine-Westphalia

Miami

Knight Foundation

Mid-East Region Ireland

Meath Enterprise

Mississippi

Mississippi Development Authority

Montréal

Startup Montréal

Centech

Montréal International

Ville de Montréal

New South Wales

Investment NSW

New York City

New York City Economic Development Corporation<

Tech:NYC

New Zealand

New Zealand Startup Partnership

Novarium

Ocean Super Cluster

Ontario

Government of Ontario

Osaka

Osaka Business Development Agency

Palestine

The Innovative Private Sector Development (IPSD)

Philadelphia

Ben Franklin Technology Partners

University City Science Center

Drexel University

Pittsburgh

InnovatePGH Partnership

Pittsburgh Regional Alliance

Innovation Works

Portugal

Startup Portugal

Québec City

Québec International

Ras Al Khaimah

Office of Strategic Studies, Government of Ras Al Khaimah

Rotterdam

Up!Rotterdam
Rotterdam Partners

São Paulo

ABStartups

Seoul

Seoul Business Agency

Sharjah

Sharjah Entrepreneurship Center (Sheraa)

Singapore

Enterprise Singapore

Sri Lanka

Information and Communication Technology Agency of Sri Lanka

Sweden

Vinnova

Tel Aviv

Tel Aviv Global

Telangana

T-Hub Foundation

Tokyo

Tokyo Metropolitan Government

Deloitte Japan

Toronto-Waterloo

MaRS Discovery District

Communitech Corporation


Tunisia

Smart Capital

CDC

Turin

Intesa Sanpaolo Innovation Center

Fondazione Compagnia di San Paolo


Western Balkan Region

German Society for International Cooperation (GIZ)


Ecosystem Partners

Atlantic Canada, Canada
Startup Zone
New Brunswick Innovation Foundation
Innovacorp
Genesis Centre
New Brunswick Innovation Foundation (NBIF)
Propel
Innovation PEI
Bounce Health Innovation
Concrete Ventures
Saint Mary’s University
Venn
Ignite
Build Ventures
Dal Innovates
Volta
Centre for Women in Business
Navigate Startup House
Halifax Innovation District
Atlantic FinTech
Cape Breton Partnership-Innovation District

Bahrain
Bahrain Fintech Bay
500 Startups
Al Doseri Investments
Bahrain Development Bank
Bahrain Fashion Incubator
Brinc
C5 Capital & C5 Accelerate
Corporate Hub
Economic Development Board
Environment Arabia
Flat6Labs Bahrain
Kickstart Bahrain
Middle East Venture Partners
Kickstart Bahrain
Level Z
Nest Accelerator
Osool
Rowad Program
Social Media Club
StartupBahrain
Startup MGZN
Tenmou - The Bahrain Business Angels Company
UNIDO - Bahrain
Yo Startups

Bangalore-Karnataka, India
91springboard
Kyron Global
Microsoft Ventures
Global Incubation Services
Microsoft
Tlabs
Nasscom
The India Network

Beijing, China
91Maker
Creative Young Community
Cyzone Innoway BJ
Makes-global
Noodle & Meetup
Startup Grind
Suhehui
Technode

Belgrade & Novi Sad, Serbia
Business Incubator (BITF)
Business Incubator Novi Sad
ICT Hub
Innovation Fund
SC Ventures
Science Technology Park Belgrade
Serbian Games Association
Serbian Blockchain Initiative
Startit
The Office of the Minister without Portfolio Responsible for Innovation and Technological Development of the Republic of Serbia
UNICEF Innovation Fund
Vojvodina ICT Cluster

Cairo, Egypt
Technology Innovation and Entrepreneurship Center (TIEC)
500 Startups
A15
Flat6 Labs Cairo
Falak Startups
AUC Venture Lab
Innoventures
Algebra Ventures
EdVentures
Sawari Ventures
FEPS Business Incubator
Seedstars
Endure
HIM angel
Kamelezer
The Cairo Angels
Ideavelopers

Calgary, Canada
A100
Alberta Enterprise Corporation
Alberta Innovation Corridor
Bow Valley College
Calgary Innovation Coalition
Creative Destruction Lab - Rockies
Innovate Calgary
Mount Royal University, Institute for Innovation and Entrepreneurship
National Angel Capital Organization
Rainforest Alberta
Southern Alberta Institute of Technology (SAIT)
Startup Calgary
University of Calgary, Hunter Hub for Entrepreneurial Thinking
Venture Capital Association of Alberta

Chicago, United States
Catapult Chicago
University of Chicago
Matter Chicago
mHUB
The Shift Chicago
1871
WorldChicago

Denmark
#CPHFTW
AalborgSyndikatet
AAU Incubator (SEA), Aalborg University
Accelerace (and Symbion)
Agro Food Park Inkubator/Agro Business Park
AI Innovation House
Arsenalet
Brains Business
Business Factory
Center for Industri
Copenhagen Fintech
Danske Commodities (DC) Business Accelerator
Digital Hub Denmark
DTU Skylab
Ecopark
Filmby Aarhus incl. Ideas Lab
Food ehub
Green Tech Center
Growing Investors
Ideas Lab
Incuba Science Parks incl. Incuba Startup Lab
InnoFounder
It-forum (netværk)
Leo Innovation Lab
Lynfabrikken
Novi
Odense Robotics
Odense Robotics Startup Hub
Office Lab
PreSeed Venture
Robo Cluster
Startup Factory - Navitas
StartupWorks
Talent Garden Rainmaking
TechBBQ
The City of Aarhus, Business Development
The Creators Community
The Danish Growth Fund
Thinkubator (and SingularityU)
UAS Denmark
Venture Cup
VIA studentervæksthus Aarhus C
WeLoveStartups

Edmonton, Canada
Innovate Edmonton
Startup Edmonton
TEC Edmonton
University of Alberta Health Accelerator
Startup TNT
Valhalla Private Capital
Advanced Technology Centre
Edmonton Regional Innovation Network

Frankfurt, Germany
Frankfurt Economic Development
Goethe University Frankfurt
Hessen Trade & Invest (HTAI)
Hessian Ministry of Economics, Energy, Transport and Housing
HIGHEST TU Darmstadt
ING-DiBa
Station FRM
WIBank

Greater Helsinki, Finland
Aalto Entrepreneurship Society (Aaltoes)
A Grid
Business Espoo
Enter Espoo, Kiuas, Junction
Maria01
Slush
Helsinki Education Hub
Terkko Health hub
Arctic15

Indiana
Elevate Ventures
gBETA
Techpoint
Purdue Research Foundation
The Mill
Flywheel Fund
Southbend-Elkhart Regional Partnership
Indiana SBDC
DeveloperTown
Endeavor
Society of Innovators at Purdue Northwest
Speakeasy
STARedUP Foundation
The Northeast Indiana Innovation Center
AgriNovus
Kosciusko EDC
NEXT Studios
Sixty8 Capital
University of Notre Dame

London, United Kingdom
MassChallenge
Techstars London
Balderton Capital
Wayra London
Accelerator Network
City of London
KPMG
TechUK
GSMA
Level39
Tech London Advocates
GEN
Microsoft Ventures
Northzone
Microsoft for Startups

Manila, Philippines
Department of Science and Technology
Department of Information and Communications Technology
Intellectual Property Office of the Philippines
Small Business Corporation
National Development Company
Philippine Exporters Confederation, Inc.
QBO Innovation Hub
AIM-Dado Banatao Incubator
IdeaSpace Foundation
Startup Village
Launchgarage
Brainsparks
Philippine Fintech Association
Fintech Alliance of the Philippines

Melbourne, Australia
Potential(x)
ygap First Gens Accelerator Program
ASTN HeadStart
Cyrise
SBE Australia, Springboard Tech
SBE Australia, Springboard Life Sciences
SBE Australia, E3
Runway Hq
ACMI X
BioMelbourne Network
Inspire9
Runway Geelong
Rome2Rio
Startup Bootcamp
Startup Victoria
York Butter Factory

Miami, United States
500 Startups
Miami Angels
Endeavor Miami
eMerge Americas
Venture Cafe Miami
Refresh Miami
Venture for America
Florida International University
University of Miami
LAB Miami
Babson WIN
Idea Center at Miami Dade College
CIC Miami
Code Fever
The Venture City
WeWork
WhereBy.Us

Mid-East Region, Ireland
EO Accelerator
Meath Enterprise Centre
Boyne Valley Food Hub
Arklow Enterprise Centre
Athy Enterprise Centre
Clane Project Centre
Kells Tech Hub
Maynooth Works
Wicklow Enterprise Centre
Kells Enterprise & Technology Centre
PFS Accelerator
Meath County Council
Meath Local Enterprise Office
Meath County Chamber
Louth-Meath Education & Training Board
Maynooth University
Kildare Chamber of Commerce
Kildare County Council
Kildare Local Enterprise Office
Kildare-Wicklow Education & Training Board
Wicklow Chamber of Commerce
Wicklow County Council
Wicklow Local Enterprise Office
Enterprise Ireland
Mid-East Regional Skills Forum
Mid-East Action Plan for Jobs Committee
Industrial Development Authority - IDA
Media Ireland

Montréal, Canada
BCF Ventures
CEIM
CEuMontréal
Creative Destruction Lab
Cycle Momentum
District 3
Esplanade
EVOL
Fintech Cadence
Founder Institute
FounderFuel
Futurpreneur Canada
Groupe 3737
HEC Montréal
Investissement Québec International
IVADO
Ministère de l'Économie et de l'Innovation du Québec
MILA
Montréal InVivo
Montréal NewTech
MT Lab
Next AI
Notman House
PME MTL
Polytechnique Montréal
Quartier de l’innovation
Réseau Mentorat
Startupfest
TandemLaunch
Techstars AI
V1 studio
Zu

New York City, United States
Starta Venture Accelerator
Blue Ridge Labs
Brooklyn Chamber of Commerce
Bunker Labs
Cela
Civic Hall
Coindesk/Consensus
Company
Entrepreneurs Roundtable Accelerator
Flatiron Partnership
Gary's Guide
Innovative Collective
Mayor's Office of International Affairs
MeetUp
New Lab
New York Angels
NY Fashion Tech Lab
NY Tech Alliance
NYC Blend
SAP
Techstars
URBAN-X
VentureOut

New Zealand
Angel HQ
Angel Association New Zealand
ArcAngels
BizDojo
Blackbird Ventures
Brandon Capital Partners
Bridgewest Ventures
Callaghan Innovation
Creative HQ
COIN South
Flux Accelerator
Lightning Lab
Enterprise Angels
Equitise
Flying Kiwi Angels
GD1
Global Entrepreneurship Network
Icehouse Ventures
KiwiNet
Kōkiri
Ministry of Awesome
Movac
New Zealand Trade and Enterprise
New Zealand Growth Capital Fund
Northland Inc
SODA Inc
Sprout
Startup Dunedin
StartupWeekend
Startup Queenstown Lakes
The Factory
ThincLab
TIN Network
WNT Ventures
ZeroPoint Ventures

Québec City, Canada
BDC
PwC Québec
ROBIC
Ville de Québec
Québec City Group if incubators
Quantino
Entrepreneuriat Laval

Metro Rhein-Ruhr, Germany
1stMOVER
:agile Accelerator
Axa Startup Center
BLSW
Capnamic
Coparion
Founders Institute
Future Champions Accelerator
Gateway Gründungsservice der Universität zu Köln
Getstarted, Bitkom
Gründerzentrum RWTH Aachen
HEADQUARTER[S] Cologne
High-Tech Gründerfonds
Hub Aachen
Intelligent Venture Capital Management
MWIDE
NRW Bank Business Angel Initiative WIN
NRWalley
NUK – Neues Unternehmertum Rheinland
Pirate Summit / Jolly Rogers UG
S-UBG
STARTPLATZ
Startup Dorf
Startup Unit Düsseldorf
Tengelmann Ventures
Vodafone Uplift

Seattle, United States
Startup Seattle
ARI
Lighter Capital
New Tech Northwest
Techstars
Fledge
Microsoft Ventures
Seattle Angel Conference
Alliance of Angels
Startup Grind
Seven Peaks Ventures
Angel Resource Institute
Microsoft for Startups
SURF Incubator

Shanghai, China
ChinaAccelerator
Ether Capital
Innoclub
Innospace+
NakedHub
People Square
Startup Grind
Technode
Xnode

Sharjah, UAE
Sharjah Media City (Shams)

Singapore
Action Community for Entrepreneurship
500 Startups
FocusTech Ventures
Starburst Accelerator
500 Ecosystems Singapore PTE. LTD.
Startup X PTE. LTD.
Trendlines Medical Singapore

Tel Aviv, Israel
Future Block Programs
Future Block Coworking
Techstars
Startup Nation Central
Geektime
SOSA
Microsoft Ventures
Microsoft for Startups

Tokyo, Japan
Plug n Play
Japan Venture Capital Association (KII, UTEC),
Keidanren,
Keio University,
Mitsubishi Estate,
Mitsui Fudosan,
Mori Building,
Tokyo Chamber of Commerce and Industry,
Tokyu,
Tokyu Land Corporation,
The University of Tokyo,
Waseda University

Toronto-Waterloo, Canada
Centre for Social Innovation
Invest Toronto
Next 36
OneEleven
DMZ
City of Toronto
World Canada
Brook eld Institute
The Founder City Project
Venture Lab
RIC Centre
Innovation Factory
Haltech
Creative Destruction Lab

Turin, Italy
VeM Venture Capital Monitor
Iban Italian Business Angel Network
Torino City Lab
Unione Industriale Torino
I3P
LIFTT