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Existence of the
word:
“entrepreneur” in
vocabulary
Local success
stories
“If he/she did it, I
can!”
Access to capital
funding (i.e.
angel investors,
VCs)
Access to talent
(near by
universities/
education
institutions) &
domain
communities
( e.g. fintech,
biotech)
Spaces to
collaborate and
startup e.g. cafes,
meetup, co-
working space,
labs, makerspace
Start-up
institutions &
mentors
i.e. accelerators,
incubators
Government
support
e.g. R&D
incentives and
special grants
Sound
Transportation &
digital
infrastructure i.e.
Wi-Fi
Access to
partnership with
major
corporations and
their assets
Good weather &
natural
environment i.e.
lifestyle
1 2 3 4 5 6 7 8 9 10
T h e s e 1 0 p i l l a r s a r e w h a t I b e l i e v e a r e t h e m o s t i m p o r t a n t
d r i v e r s f o r a s t a r t u p e c o - s y s t e m t o s u r v i v e a n d t h r i v e . T h i s
c a n b e u s e d a s a f r a m e w o r k o r e v e n a c h e c k l i s t t o a s s e s s i f a
c o u n t r y , c i t y o r r e g i o n h a s t h e a b i l i t y t o s u p p o r t a n d n u r t u r e
t h e g r o w t h o f a s t a r t u p c o m m u n i t y .
To p 1 0 S t a r t u p E c o s y s t e m P i l l a r s

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Top 10 startup ecosystem pillars (updated)

  • 1. Existence of the word: “entrepreneur” in vocabulary Local success stories “If he/she did it, I can!” Access to capital funding (i.e. angel investors, VCs) Access to talent (near by universities/ education institutions) & domain communities ( e.g. fintech, biotech) Spaces to collaborate and startup e.g. cafes, meetup, co- working space, labs, makerspace Start-up institutions & mentors i.e. accelerators, incubators Government support e.g. R&D incentives and special grants Sound Transportation & digital infrastructure i.e. Wi-Fi Access to partnership with major corporations and their assets Good weather & natural environment i.e. lifestyle 1 2 3 4 5 6 7 8 9 10 T h e s e 1 0 p i l l a r s a r e w h a t I b e l i e v e a r e t h e m o s t i m p o r t a n t d r i v e r s f o r a s t a r t u p e c o - s y s t e m t o s u r v i v e a n d t h r i v e . T h i s c a n b e u s e d a s a f r a m e w o r k o r e v e n a c h e c k l i s t t o a s s e s s i f a c o u n t r y , c i t y o r r e g i o n h a s t h e a b i l i t y t o s u p p o r t a n d n u r t u r e t h e g r o w t h o f a s t a r t u p c o m m u n i t y . To p 1 0 S t a r t u p E c o s y s t e m P i l l a r s