I represented MIT TechLink at this week’s MIT student club fair and got a taste of the startup scene on campus. Excited for the next two years!
Having just moved to Boston for grad school, I’m learning more and more about the area’s ecosystem and always on the lookout for new thoughts and opinions on the Boston startup scene. While I’ve read over the past few years that it’s highly focused on the healthcare, energy, and industries, nothing beats living in Kendall Square, among the innovation.
And an infographic, of course, certainly can’t illuminate every aspect of a city’s entrepreneurial ecosystem, but it’s always interesting to see how various communities stack up against each other. Boston, it turns out, is number six on the list.
Intuit published the below infographic last month, illustrating the results of the 2012 Startup Ecosystem Report, published by Startup Genome in partnership with Telefonica Digital and researchers at Stanford University and the University of California, Berkley. Measuring eight key areas — including startup output, funding, performance, and talent — the report deemed Silicon Valley the most entrepreneurial hot spot in the world (of course). But the real fun is in the other 19 ecosystems identified, some of which are called out for certain strong points. Santiago, Chile, for example, has the highest percentage of female entrepreneurs (20%), compared to Silicon Valley at a paltry 10%.
Click here to see the full size infographic.
Are you a startup entrepreneur? If so, what makes your city’s startup culture unique? Shout it out in the comments below.
Infographic courtesy of Intuit, Top 20 Entrepreneurial Hot Spots Around the Globe.
Erica Swallow's Blog 
I’m interested in seeing how that infographic has changed over the past few years. We’re in tampa now, but we recently decided on Austin– great city, lots of talent, and much less expensive than silicon valley.
Erica,
Thanks for sharing & congrats on new career;
Here is Crittenden County it has been determined that a startup ecosystem is possible here in Our County . I am of the mindset of moving forward & championing this cause ,
Look forward to an opportunity to discuss with you & others of the possibility. I am sure your insights would be valuable in this effort. Thanks!
R. Lynn Brown
19th is Bangalore and not Bangladesh you foolish people…
Don’t you have common sense that if all names are cities how can one be a Country…
Hi Erica.
I work with an innovative startup ecosystem following the accelerator model in Bogota Colombia called Hubbog.com. They focus their efforts on internet-based startups. Their success rate is exceptionally high (I am in the Raleigh-Durham RTP area from first hand observation and comparison). They won approval recently from the government to expand their efforts throughout the major economic development centers of Colombia. Several US entrepreneurs have expressed interest in setting up shop at Hubbog because of the access to Latin America and Hispanic communities worldwide.
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I’ve read a lot lately about Las Vegas becoming a hotspot for startups. Also, closer to home, the Raleigh-Durham N.C. area seems to have it. I wish we had more of it in Charlotte, because that kind of innovation and enthusiasm is contagious.
Good insight. I’ve stopped by the Raleigh-Durham scene and seen the activity for myself. There’s definitely some innovation and interest in technology startups going on there. Las Vegas, too, as you’ve pointed out is trying its best, thanks to Zappos leader Tony Hsieh, whose commanding the Downtown Project to revitalize Las Vegas through a number of areas. From the organization’s website: “We’ve allocated $350 million to aid in the revitalization of Downtown Las Vegas. We’re investing $200 million in real estate, $50 million in small businesses, $50 million in education, and $50 million in tech startups through the VegasTech Fund.” Bold moves for sure!
Rhode Island checking in. Awesome design and development talent coming from the schools here, lower cost of living than NYC/Boston with easy access to both, and when you’re done working, the surf makes all of the stress of running a startup melt away.