In the 2023 Global Startup Ecosystem Report (GSER), published today at The Next Web Conference in Amsterdam by Startup Genome and the Global Entrepreneurship Network, Abu Dhabi has been identified as a prominent ecosystem in the Middle East and North Africa (MENA).
Hub71, the international IT hub of Abu Dhabi, and Startup Genome have teamed up to honor the UAE capital’s entrepreneurial ecosystem in the #GSER2023 —As experts in global economic transformation and policy advisers, Marc Penzel, founder and president of Startup Genome, says, “We’re incredibly proud of Abu Dhabi’s impressive performance in the 2023 Global Startup Ecosystem Report.” Together with Hub71, we continue to observe and influence innovative new policy and program changes that contribute to the Emirates’ steady improvement in the rankings.
According to Amer Aidi, Head of Marketing and Operations at Hub71, the future is propelled by innovation and entrepreneurship. The capital of the United Arab Emirates, Abu Dhabi, has firmly established itself as a key hub that fosters tomorrow’s most innovative firms and quickens the development of cutting-edge technologies. Hub71 is honored to play a significant role in this endeavor, working with our partners to influence the startup scene in Abu Dhabi. We give founders access to talent, business potential, and financial opportunities—all crucial components of success. Together, we enable entrepreneurs to prosper and leave their imprint in the rapidly changing business world.
In a recently established Ecosystem Portal and 360 Monitor, Hub71 has also teamed up with Dealroom to generate data-driven insights on Abu Dhabi’s entrepreneurial ecosystem. By benchmarking the startup ecosystem against hundreds of other ecosystems from various startup subsectors, these new tools highlight important factors and trends in ecosystem development.
The world’s most extensive and well-maintained dataset on startup ecosystems powers the GSER. The research offers intriguing new insights and in-depth knowledge about startup trends worldwide and is based on data on 3.5 million businesses across 290+ global ecosystems. The thorough, fact-based conclusions of the report, the result of more than 10 years of independent research and policy work by Startup Genome, are further enhanced by contributions from knowledgeable thought leaders and regional key players.
The Global Entrepreneurship Network, Dealroom, and Crunchbase collaborated to build the GSER. The 2023 GSER offers priceless advice on supporting vibrant startup communities, the main drivers of job creation and economic progress.
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