Category Archives: Business Culture

Leading Ecosystems

There has been much discussion of the Leading Ecosystems for startups. But few of the discussions explain which are more useful; to whom and why. Fewer discuss which Ecosystems best help SMEs. In other words after a startup reaches (European) SME status which metropolitan area will serve it best?

“Where can an entrepreneur find the right concentration of many different types of customers and engaged mentors—where the culture runs so deep that even the local gym offers free services in exchange for equity in your startup? In a thriving local startup ecosystem. (And yes, this is a Silicon Valley reality.)”  The Global Startup Ecosystem Ranking 2015 by (formerly Startup Genome) with the support of Crunchbase.

Leading Ecosystems

“The world’s top 20 startup ecosystems based on Performance, Funding, Market Reach, Talent, and Startup Experience” are listed below as reported in The Global Startup Ecosystem Ranking 2015 by (formerly Startup Genome) with the support of Crunchbase.

“Performance on the funding and exit valuations”
“Funding on VC investment… and the time  … to raise capital”
“Quality of technical talent … availability …cost”
“local ecosystem’s GDP and …ease of reaching customers in international markets”
“veteran startup mentors or founders with previous startup experience”
  1. Silicon Valley

  2. New York City

  3. Los Angeles

  4. Boston

  5. Tel Aviv

  6. London

  7. Chicago

  8. Seattle

  9. Berlin

  10. Singapore

  11. Paris

  12. Sao Paulo

  13. Moscow

  14. Austin

  15. Bangalore

  16. Sydney

  17. Toronto

  18. Vancouver

  19. Amsterdam

  20. Montreal

31 Ecosystems listed as runners-up by The Global Startup Ecosystem Ranking 2015 are Atlanta, Denver/Boulder, Philadelphia, Waterloo, Buenos Aires, Santiago de Chile, Mexico City, Barcelona, Brussels, Copenhagen, Dublin, Helsinki, Istanbul, Jerusalem, Lisbon, Madrid, Milan, Oslo, Rome, Stockholm, Tallinn, Teheran, Warsaw, Zurich, Bangkok, Delhi, Hong Kong, Jakarta, Kuala Lumpur, Melbourne, and Mumbai.

Ecosystems For SMEs

“VC firms are, by and large, structured to make multi-million dollar investments in a small number of late-stage startups that they can shepherd from strong to stratospheric results.” according to The Global Startup Ecosystem Ranking 2015.  But what is the best way to get from being an early stage startup to being “late-stage”?  In Europe companies in this intermediate stage are sometimes called SMEs. The US Government defines Small Businesses somewhat differently.  This causes some confusion.  From a (European terminology) SME perspective; Carverlon sees that Silicon Valley, London, Berlin, Dublin Ireland and Luxembourg each have significant advantages. This is because of their existence as regional, worldwide or sector specific corporate headquarters clusters, the connections to the Global 1000, connections to financing, and in the case of Ireland and Luxembourg, also having attractive corporate tax rates and tax treaties. Estonia, The Netherlands, Singapore and Hong Kong also offer some of these characteristics.

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