The D.C. area ranks among the world’s top 20 startup ecosystems, but it sits in the middle of the pack.
That’s per a study released Tuesday by San Francisco’s Startup Genome, a policy and research organization focused on startup ecosystems. The “Global Startup Ecosystem Report” pegs the nation’s capital at No. 11 globally and No. 6 in the U.S.
The Washington region first landed at No. 16 globally in 2019, the first year it was included in the report. It then shot up to No. 10 in 2020, before losing some ground and slipping to No. 11 in 2021. That’s the position it holds again this year, behind the top 10 global startup ecosystems:
1. Silicon Valley
2. New York (tie)
2. London (tie)
4. Boston
5. Beijing
6. Los Angeles
7. Tel Aviv, Israel
8. Shanghai
9. Seattle
10. Seoul, South Korea
The report has tracked the entrepreneurial landscape with this data since 2012, eight years before the Covid-19 pandemic would catapult tech companies to new heights across geographies. And…
Read the full story from the Washington Business Journal.
