The global start-up revolution continues to grow. Global venturecapital investments in start-ups hit a decade high in 2017, with over$140 billion invested. Total value creation of the global start-upeconomy from 2015 to 2017 reached $2.3 trillion—a 25.6% increasefrom the 2014 to 2016 period. This continued growth, fundamental shifts are occurring.The types of companies that fuelled the first and secondgeneration of global start-up ecosystems—social media apps, digitalmedia, and other pure internet companies—are decliningWhile these companies have built the current infrastructure thatthe new generation of start-ups use—think Facebook and Googleas a platform for global marketing, WordPress for content publishing—start-up formation in these sub-sectors is not growing asit used to, and in some cases, it is declining.
Top start-up hubs like Silicon Valley, London, and New York continueto dominate top-level activity and maintain their status as thetop performers for most sub-sectors. But we see strong up-andcoming ecosystems in specific sectors like Fintech, Cybersecurity,and Blockchain.
The shifts in the start-up map, both geographic and economic, aresignals that we are heading into a new era of tech.
In this new era of tech, successful start-ups will do one of two things:
Inspiring conversations around entrepreneurial opportunities that leapfrog current constraints
We work with public and private decision makers in accelerators, support organizations, governments, and others at the local level to build consensus and drive change. Every partner provides valuable insights and relationships with start-ups. Our Members take the lead in representing and developing their start-up ecosystems and, through our network, benchmark their region and share lessons with each other. Learn more about our members and partners below.
benchmark indicator of the MIWE, which is derived from the Today, women continue to make notable headways in the entrepreneurial landscape. In 2016 alone, an estimated 163 million women were starting or running new businesses in 74 economies around the world. The gender divides in entrepreneurship narrows on various fronts. First, an increase of 10% in Women’s Total Entrepreneurial Activity (TEA) rates between the 2014 to 2016 period brought the gender gap down by 5%. Diminished bias was also achieved with an increase in Women’s Perception of Opportunities, Established Women’s Business Ownership, Women Entrepreneurial Intentions, and Women’s Inclination to be Innovative in their businesses.1 Yet, despite the positive strides accomplished, severe disparities and inequalities exist in nearly all markets. Running for the 2nd time, the Mastercard Index of Women Entrepreneurs 2018 continues its focus on the progress and achievement of women entrepreneurs’/business owners around the world. Using 12 indicators and 25 sub-indicators, the Index looks at how 57 economies (representing 78.6 percent of the world’s female labor force) differ in terms of the level of Women’s Advancement Outcomes, Knowledge Assets & Financial Access and Supporting Entrepreneurial Factors. The Index also provides insight on which factors and conditions are most conducive to closing the gender gap among entrepreneurs/business owners in an economy. We also look at which conditions are the biggest disablers or deterrents of women’s ability to thrive in the business world. 163 10 5 million
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