Silicon Valley, New York, Tel Aviv: Top Places for Tech Startups
Silicon Valley remains the world’s top environment for startups, according to the Startup Genome 2012 "Startup Ecosystem Report," which uses an index based on data from more than 50,000 startups around the world that are using the Startup Genome’s Startup Compass, an automated analyst in the cloud that helps businesses make decisions through benchmarks and actionable recommendations. While nearly all high-growth technology startups have historically emerged from no more than three to four startup ecosystems—particularly Silicon Valley and Boston—the study suggests this trend appears to have reached its end. The report concluded that simultaneous with a global explosion of entrepreneurship has been an explosion in the rise of new startup ecosystems around the world and a newfound maturity in others. "Overall, the Startup Ecosystem Index paints a glowingly positive picture of the state of entrepreneurship around the world. While Silicon Valley is far and away the strongest ecosystem, just 5 or 10 years ago most of the other ecosystems on this list either barely existed or didn’t exist at all. The global startup revolution is going strong, indeed," the report concluded. Here’s a look at the top 10 ecosystems (all cities save for the Silicon Valley region) for startups—with an emphasis on early-stage startups. If you’re looking to make the next Microsoft, these are the places you want to live.