According the recent report from Startup data benchmarking company Compass, Silicon Valley still maintains the number one position on the list of startup ecosystems in the world. Most significant event in the second Startup Ecosystem Report is the fact that New York City has overtaken Tel Aviv in the rankings to become the second most significant startup ecosystem in the world.
The startup ecosystems which made the biggest leaps are New York, Austin, Bangalore, Singapore, and Chicago. Austin, Texas, leapt all the way into #14th place, whereas three years ago they didn’t even crack the top 20. Bangalore moved from #19 to #15, Singapore from #17 to #10, Berlin from #15 to #9, and Chicago from #10 to #7.
The startup ecosystems which made the biggest falls are Vancouver, Toronto, Sydney, and Seattle. Vancouver slipped out of the top 10 from position #9 to #18, Toronto slid from #8 down to #17, Sydney dropped from #12 to #16, and Seattle fell from #4 to #8. Again, all of these ecosystems did grow in the past three years, but not as fast as other environments, which puts them at risk of eventually being left behind.
Noticeably no African city featured in the top 20.
The Global Startup Ecosystem Ranking 2015 was a collaborative effort involving:
- Insights from over 200 interviews with entrepreneurs and local experts from 25 countries
- Data from 11,000 surveys completed by startups, investors and other stakeholders in the last five months
- Partnerships with: CrunchBase, Global Entrepreneurship Week, Dealroom, Orb Intelligence, Deloitte Australia and 60 local partners (including incubators, accelerators, VCs, policy makers, and universities)
