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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. Everyone is excited when a new company gets funded in their ecosystem, but no one spends much time thinking about where the money comes from to fund that deal. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Toni Eliasz.

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Despite the downturn, CVC gains traction in Brazil’s startup ecosystem

TechCrunch

More posts by this contributor US-listed SPACs have a new target: Latin American tech companies Will Brazil’s Roaring 20s see the rise of early-stage startups? This has resulted in a dynamic where the majority of the successful and mature startups in Brazil are fintechs.

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Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

TechCrunch

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 Other investors — Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp and New General Market Partners participated.

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

TechCrunch

Last year was a good 12 months of firsts for African tech startups. It turns out that while later-stage investors, mostly international VC firms, grabbed headlines by writing immense checks, pre-seed and seed-stage investors were instrumental to the growth of the continent’s tech ecosystem.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Venture funding does remain elusive , but here are some tricks for startup founders to hack the system.

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

It had produced, and was poised to produce, an enormous number of technology startups, given its relatively small size. The moniker became so ubiquitous, both at home and abroad, that “Israel Startup Nation” is now the name of the country’s professional cycling team. After a record year for Israeli startups, 16 investors tell us what’s next. Israel’s startups industry began emerging in the late 1980s and early 1990s.

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What Is A Startup Accelerator?

Feedough

The startup ecosystem is not as easy-going as it looks. Startup EssentialsRead more.

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

TechCrunch

There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 But while the industry hails the rise of the region’s ecosystem and its growing fleet of unicorns , Latin America’s startup story has a far longer past.

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Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

StartupNation

A strategist, educator and venture developer, Southfield native Monica Wheat has dedicated her career to venture capital, but what truly sets her apart is her dedication to improving Detroit’s startup community and making it more inclusive to women and girls.

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We Built a More Inclusive Accelerator—Here’s What We Learned

GAN

Guest Blog by Lunar Startups. Yet, consumers with purchasing power are getting younger and more racially diverse every year, creating a huge market opportunity for startup founders who deeply understand this under-served group. Accelerator programs—one of the best tools we have to increase a startup’s survival rate—are limited in solutions provided, in ambition rewarded, and even more limited in regards to the founders who participate.

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The Expanding World of Accelerators

Gust

In some ways, it is now difficult to imagine a world without accelerators. Many of the globe’s most well-known and disruptive startups were propelled from the hallways of legendary accelerators such as Y Combinator, TechStars, and 500 Startups. AirBnb, Dropbox, Zenefits, Stripe, DigitalOcean, Heroku, Optimizely, Intercom, Reddit, and hundreds of other startup success stories were all briskly brought to life. The Startup Ecosystem

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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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500 Around the World: Takeaways from the Sberbank-500 Accelerator

500

If 500 has learned one thing from investing in over 75 countries, it’s the importance of placing bets in all the right founders and helping build ecosystems for them to thrive in. One of these often-overlooked regions is Russia, which despite challenges, has a booming tech and startup ecosystem. Thirty hand-selected startups took. The post 500 Around the World: Takeaways from the Sberbank-500 Accelerator appeared first on 500 Startups.

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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

For the past decade, Gener8tor has been working to shift that by spinning up accelerators in local communities that have money but are underserved in terms of startup support. And yet, the name isn’t as well-known as other comparably sized accelerators. The U.S.

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FSD Africa expands insurtech accelerator program to Ghana and Nigeria

TechCrunch

FSD Africa is set to launch insurtech accelerator programs in Ghana and Nigeria next year to promote innovations that will drive the uptake of insurance in the two markets and beyond. We are planning to launch the BimaLab Insurtech Accelerator Program in Ghana and Nigeria.”

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

Despite the attempts at seeding things way downtown, Flatiron and Soho is where tech startups grew, just like today. Just because you put up a structure doesn't mean it's going to sprout a whole innovation ecosystem. These are people whose business it is to support startups. You can get just about any wealthy person to part with some small portion of their wealth to put into risky investments, but these people don't contribute back to the ecosystem.

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Why every VC should spend a month with an accelerator

TechCrunch

Juan Carlos Hernández is the executive director at parallel18 , a top-level, performance-driven international startup program with a social mission, part of the Puerto Rico Science, Technology and Research Trust. However, I believe that accelerators can be the glue bringing the two together.

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What’s going on in the Dutch startup scene?

TechCrunch

I find something very intriguing about members of a royal family working to further the startup scene for a particular country. You seem to have taken an interest in the Dutch startup ecosystem. What’s going on in the Dutch startup scene?

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“We are going to create the best environment for startups in Europe”

TechCrunch

Spain’s government is gearing up to pass the country’s first ever startup law. The process of debating and agreeing the details of this startup ecosystem support framework is expected to take between six and nine months. In Spain, the average lifespan of a startup is 2.7

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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 The EO Accelerator program is the catalyst that enables first-stage entrepreneurs to catapult their business to the next level. The program’s name reflects its focus on five pillars for startup success: Customer, Achievement, Recognition, Education and Social.

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As its startup market accelerates, Brazil could be in for an IPO bonanza

TechCrunch

Brazil’s startup market is reaching new heights, and its domestic stock market could benefit from the boom. According to data from KPMG , Brazilian startups raised the most capital in a single quarter in Q1 2021, when some $1.4 billion raised by Brazilian startups.

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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

According to Startup Genome , Beijing, London, Silicon Valley, Stockholm, Tel Aviv are some of the world’s best startup ecosystems. Startup ecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year.

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Engaging with the startup community: in conversation with Reece Walker and William McCullough

Startup Catalyst

We talked about how startups have changed over the last few years, what support has meant to them, Startup Catalyst missions and their impact, as well as ways to get involved in the startup community. Reece Walker is a partner at McCullough Robertson and a director of Startup Catalyst. He has been a supporter of the startup community since before the word startup was in general conversation. The 2017 Startup Catalyst Europe Mission cohort?—?Will

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A university’s role in an emerging startup community and other conversations

Startup Catalyst

It still felt the same, even though I had changed so much, QUT had changed so much, and the ecosystem had changed so much. Why QUT and Startup Catalyst have stayed friends. QUT has been a supporter of Startup Catalyst for four years. It was just quite extraordinary to give students the opportunity to go to Silicon Valley, see what’s happening in firms, and to do a startup weekend in the middle. It’s not all startups! Roles within the ecosystem.

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District of Innovators: Takeaways From DC Startup Week

Revolution

This September, the metro area convened for DC Startup Week — a five-day, 180+program occasion hosting more than 11,000 entrepreneurs. Thank you to the DC Startup Week team for hosting us!

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Boston offers a world of advantages for startup founders

TechCrunch

5 investors discuss Boston’s resilient tech ecosystem Boston’s university-to-startup pipeline defies downturn to grow and diversify In order to build a startup culture, a city or region needs some key elements in place – like an innovation engine to drive startup ideas.

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Southeast Asian startups to watch in 2022

TechCrunch

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them.

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Pittsburgh’s AI expertise may give rise to an already growing startup market

TechCrunch

The Steel City has all the ingredients to be a hub for startups: a good university system, a cheaper cost of living — definitely when compared to places like New York and the Bay Area — and a proliferation of seed firms and startup accelerators.

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SVB collapse forces African startups to rethink their banking options

TechCrunch

The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds at the bank were at stake, until the U.S.

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Why Techstars is doubling down on Europe

TechCrunch

While venture capital gains in markets like India, Latin America and the larger African startup ecosystem have proved impressive, Europe has posted strong results of its own. A string of recent exits from European startup hubs makes its performance all the more intriguing.

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Salesforce backs Indian payments startup Razorpay

TechCrunch

The investment will help the startup “further strengthen its presence in the business banking space,” it said. ” Monday’s deal is Salesforce Ventures’ second investment in the Indian startup ecosystem.

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SeedFuel–Rowad, Flat6Labs, and Nest on the Bahrain Startup Community

GAN

If you’ve ever wondered what an island like Bahrain has to offer to entrepreneurs and startups, we’re happy to fill you in and let you know how the ecosystem here has developed with the support of key stakeholders. Bahrain positions itself as business-friendly, with advantages that any startup would find valuable. In addition, there are a number of accelerators based in Bahrain, which can be viewed on Startup Bahrain’s ecosystem page.

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Where is Y Combinator startup-hunting in 2022?

TechCrunch

Like the startup ecosystem itself, accelerators change with time. Y Combinator, perhaps the best-known startup accelerator, has also evolved. The current cohort of startups in the U.S. Where is Y Combinator startup-hunting in 2022?

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Venture studio Adanian Labs fuels startup growth in Africa

TechCrunch

In February 2020, as the world was shutting down, and as businesses downsized on account of the Covid pandemic, John Kamara was busy establishing another new startup Adanian Labs in Nairobi, Kenya’s capital. It makes equity investment of up to $120,000 in these startups.

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3 investors presage the future of startups and VC following SVB’s downfall

TechCrunch

To put it mildly, the meteoric collapse of Silicon Valley Bank has been a historic time of confusion for everyone the startup ecosystem touches. It used to be that startups would bank with SVB or with other banks that are not the top four.

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. The “Infrastructure Phase” of the Internet … Before we had an Internet startup explosion we needed infrastructure which spawned the original tech startup community in Silicon Valley. Changes in the Startup Ecosystem. Startup Lessons