There are lots of entrepreneurship and ecosystem rankings. Most rankings tend to focus only on activity in larger metros. These rankings will explore the top fifty.
Startup Blink relies on user inputted data around the startup activity in the region. Subsequently, the volume of data is much larger than traditional studies, and the group can release a measure of startup ecosystems across the world.
View the global startup rankings.
Ecosystem Data and Ranking Methodology
The types of data that Startup Blink tracks are the following:
- Coworking Spaces
Each organization includes basic data such as a description of the company, industry, city, and links to their website and social media.
The rankings sort geography by the top Countries and Cities across the following dimensions:
- The quantity of Startups and other supporting organizations: Score is determined by adding the number of startups, coworking spaces, and accelerators.
- The Quality of Startups: Score is determined by aggregating the local startups’ website performance via Similar Web.
- The Business environment and critical mass: Data is pulled from ‘World Doing Business Report,’ a measure of areas such as ease of doing business, technological infrastructure, bureaucracy, and red tape.
The methodology is a novel way to measure startup activity. This amount of activity is hard to capture in studies that don’t rely on user inputted data. However, because the rankings rely on a combination of user inputted data and businesses databases, some of the data could be out of date. Nevertheless, the rankings are a novel way to measure ecosystem momentum.