21 Nov '12, 5am

Singapore, Bangalore among top 20 startup ecosystems

Singapore, Bangalore among top 20 startup ecosystems

Singapore and Bangalore are ranked the world's 17th and 19th most influential startup ecosystem, respectively, signifying a global startup revolution. These findings were published Tuesday in Startup Ecosystem Report 2012 , released by Startup Genome and Telefónica Digital. Based on data from more than 50,000 startups around the world, the study concluded Silicon Valley, Tel Aviv and Los Angeles were the top 3 startup hubs. "Overall, the Startup Ecosystem Index paints a glowingly positive picture of the state of entrepreneurship aorund the world. While Silicon Valley is far and away the strongest ecosystem, just 5 or 10 years ago, most of the other ecosystems on the list either barely existed or didn't exist at all," it said. Startup Ecosystem Index Two Asian cities among top 20 The report noted Singapore, ranked 17th, has the potential to become the central startup ecosys...

Full article: http://www.zdnet.com/singapore-bangalore-among-top-20-sta...

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