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Edmonton’s Tech Ecosystem By the Numbers

Edmonton is celebrated in the 2024 Global Startup Ecosystem Report - with the ecosystem experiencing 51% growth in Ecosystem Value
Anna Chadwell
on November 04, 2024

Edmonton Unlimited and Startup Genome have teamed up to spotlight Edmonton’s entrepreneurial ecosystem in the Global Startup Ecosystem Report:

  • The ecosystem created $1.5 billion in Ecosystem Value from Jul 01, 2021 to Dec 31, 2023, representing 51% compound annual growth compared to Jul 01, 2019 to Dec 31, 2021 time period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations.

  • Top 10 North American Ecosystem in Affordable Talent — measures the ability to hire tech talent

  • The AI, Big Data & Analytics, Life Sciences, and Cleantech sectors are highlighted for their density of talent, support resources, and startup activity

  • Edmonton’s rich academic landscape includes seven post-secondary institutions and is the first Canadian city recognized by UNESCO’s Global Networking of Learning Cities

  • Skilled talent and affordability are cited as reasons a startup should move to the ecosystem


“Edmonton's entrepreneurs create local solutions meeting global needs, attracting forward-thinking investors worldwide. As our city continues to evolve into a regional startup hub, we are seeing remarkable achievements from our diverse and talented entrepreneurs,” says Amarjeet Sohi, Mayor of Edmonton.

"Startup Genome is delighted to join forces with Edmonton Unlimited in advancing entrepreneurial-based economic expansion," states Marc Penzel, Founder & President of Startup Genome. "Our data-driven insights empower the aggressive aspirations of Edmonton’s visionary policy leaders."

For more insights and an overview of Edmonton’s startup landscape, visit the Edmonton ecosystem page.


To learn more about startup ecosystems around the world, view the full, free Global Startup Ecosystem Report.


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