SEPTEMBER 22, 2021 - Startup Genome and Tel Aviv Global Publish 2021 Global Startup Ecosystem Report

Tel Aviv-Yafo is featured in the world’s preeminent report on advancing startup ecosystems - maintaining its spot in the top 10. With its modest size, the city comes first after major global hubs in the USA, Beijing and London.

SEPTEMBER 22, 2021 - Startup Genome and Tel Aviv Global Publish 2021 Global Startup Ecosystem Report

Tel Aviv-Yafo is featured in the world’s preeminent report on advancing startup ecosystems - maintaining its spot in the top 10. With its modest size, the city comes first after major global hubs in the USA, Beijing and London.

SAN FRANCISCO, Calif. — September 22, 2021 — The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely-read research on startups, with 280 entrepreneurial innovation ecosystems and 3 million startups analyzed. The Report includes a ranking of the leading 140 ecosystems in the world, breakdowns by continent with regional insights, and founder-focused articles from thought leaders and experts around the world.
Tel Aviv Global worked closely with Startup Genome to highlight Tel Aviv-Yafo’s strengths against ecosystems globally. Listed below is Tel Aviv-Yafo’s standing among the 280 ecosystems in the #GSER2021 -

● Created $62 billion in Ecosystem Value with $5 billion in total early-stage funding over the last 2.5 years
● Top 10 Global Ecosystem in Performance—measures the size and performance of an ecosystem based on the accumulated tech startup value created from exits and funding
● Top 10 Global Ecosystem in Funding—measures innovation through early-stage funding and investor’s activity
● Top 30 Global Ecosystem in Knowledge—measures innovation through research and patent activity
● Top 15 Global Ecosystem in Talent & Experience—measures long term trends over the most significant performance factors and the ability to generate and keep talent in the ecosystem. This is exactly the reason why well known tech giants like Google, Microsoft, Facebook, Amazon and Apple, together with Nike, MasterCard, Ford, booking.com, Bosch and more come to Tel Aviv.
● Ranks #1 with the MENA ecosystem in Performance, Funding, Knowledge and Talent & Experience
● Intellectual property incentives, employment aid programs and R&D grant programs - the second-highest rate of R&D spend per capita- are cited as reasons a startup should move to Tel Aviv
● The AI, Big Data & Analytics, and Cybersecurity sectors are highlighted for their density of talent, support resources, and startup activity

The 2021 GSER provides insights and guidance to public and private leaders on how to cultivate thriving startup ecosystems and support local startups — the #1 engine of job creation and economic growth.
“Entrepreneurs, policymakers, and community leaders are working hard all over the world to build productive and inclusive technology ecosystems that are engines of economic growth and job creation for all,” said JF Gauthier, Founder & CEO of Startup Genome. “The Global Startup Ecosystem Report is the foundation of knowledge where we, as a global network, come together to identify what policies actually produce economic impact and in what context.”

"Tel Aviv has proven once again to be a fertile ground for innovative thinking, creative minds and entrepreneurial spirit. The city's hi-tech industry grew even stronger this year, with multiple unicorns and scale-ups keeping their HQ in the city” - Tel Aviv-Yafo Mayor, Ron Huldai

Discover how more than 140 entrepreneurial ecosystems across the world stack up and view the full report here: https://startupgenome.com/report/gser2021
All information can be found on the following link: https://bit.ly/3CA2uMb

ABOUT STARTUP GENOME
Startup Genome’s mission is to enhance startup success and ecosystem performance everywhere. Startup Genome is the world’s leading policy advisory and research organization for governments and public-private partnerships. Its impact is rooted in the world’s largest entrepreneurship research with data on over three million companies across 280 cities. Learn how Startup Genome accelerates global startup ecosystems by contacting Adam Bregu at adam@startupgenome.com and on startupgenome.com, LinkedIn, Twitter.

ABOUT TEL AVIV GLOBAL
Tel Aviv Global & Tourism is a municipal company under the Mayor's Office at the Tel Aviv-Yafo Municipality. It facilitates the global quantum leap taken by the city of Tel Aviv-Yafo in creating economic and tourism growth.