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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. This is exactly the wrong way to think about the economic opportunity presented by innovation.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. billion, according to data from Partech.

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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Angel investments in 2022 equaled those from 2006 to 2011 combined. Family office investments increased by 5x , and corporate venture investments rose 6x , thus opening new capital avenues for founders who found it difficult to raise capital.

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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned.

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1Billion Partners Inc explores promising global startup investment prospects at BEYOND Expo in Macau

AsiaTechDaily

Register South Korea venture investment firm ‘1Billion Partners Inc. 1Billion Partners supports startups with innovative ideas and growth potential in South Korea and beyond. 1Billion Partners supports startups with innovative ideas and growth potential in South Korea and beyond.

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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3

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Next Level Entrepreneurship: Investing in a New Generation of Startups

Entrepreneurs' Organization

With its innovative model for empowering rural women and youth, IndiVillage introduces balance to India’s ecosystem—where cities tend to grow exponentially while rural villages have few economic opportunities. “We It provides participants with opportunities to shadow a CEO, connect with mentors and exchange ideas with EO members.