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Startup ecosystems generally encompass the network of interactions between people, organizations, and their environment. Any particular start-up ecosystem [9] is defined by its collection of specific cities or online communities. In addition, resources like skills, time, and money are also essential components of a start-up ecosystem.
Startup ecosystem – following the financial downturn of 2008 and the long-lasting slow growth period, there have been increasing focus towards fostering more startup company creation around the world to further target regional support efforts towards those type of companies that have higher innovation, growth and job creation potential.
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
In Europe, the first accelerator program was started by Accelerace in 2009 in Denmark (strongly subsidised by the Danish government) followed shortly after by Startup Wise Guys in 2012 in Estonia. With the growing popularity of seed accelerator programs in the US, Europe has seen an increase in accelerators to support a growing startup ecosystem.
The mission of The Startup Ladies is "to identify, educate, connect, and increase investment in women starting up scalable businesses." [8] The organization emphasizes fostering an inclusive startup community and works to address gender and racial disparities within the startup ecosystem. This includes engaging with state policies that impact ...
The United States has the largest startup economy in the world with over 400,000 new companies created each year which makes it the most susceptible and the driver of the startup bubble. [11] [12] 14% of Americans in the labor force work for small or startup businesses. Startup studios have seen an explosion of growth in the past few years ...
The Startup Poland Foundation (Polish: Fundacja Startup Poland) [1] is a Polish think tank and a non-governmental organization established to raise awareness of the economic potential of startup companies among the public administration, [2] and to represent the Polish startup community in the regulatory processes.
Start-Up Chile (also known by its acronym, SUP) is a seed accelerator created by the Chilean government, based in Santiago de Chile.It was founded in 2010 with the goal of increasing the number of national and international ventures that are generated in the country.