Rating 4.6

Atlanta Ranked One of the Best Cities for Startups in the World – 2019 Report

Atlanta was named one of the best cities for startups in a recent report ranking multiple cities around the world. Startup Genome, a company that aims to utilize data-driven strategies to help cities better support startups, released its “Global Startup Ecosystem Report 2019” list of the top cities worldwide where startups are most likely to succeed.

Of the top 30 cities listed, Atlanta ranked 26 best startup ecosystems in the world.1 The Georgia city ranked ahead of Barcelona and just one place behind Hong Kong. Considering success metrics of performance, funding, market reach, talent, experience, connectedness and knowledge, Startup Genome was able to highlight which cities had the best ecosystems to foster globally successful startups.

The report found that North America continues to develop the most successful startup ecosystems, with 14 North American cities in the top 30. Unsurprisingly, Silicon Valley and New York City came out on top, ranking #1 and #2 in the report. Tech companies, particularly deep-tech startup companies, also continue to dominate the global startup economy.

Why Atlanta Startups Are More Likely to Succeed

In addition to access to a variety of business incubators and investors, startup companies in Atlanta also benefit from lower commercial property values and a diverse talent pool. Atlanta startups are able to tap into the city’s increasing tech labor pool and a growing number of venter capital investments. The city’s economic development arm, Invest Atlanta, works hard to support the growing number of Atlanta tech startups.

 

Other Rankings That Are Good News for Atlanta Startups

#1 Best U.S. City for Startups That Aren’t New York or San Francisco 2018 – FitSmallBusiness.com2

#3 Best U.S. City for Young Entrepreneurs – Forbes3

#3 U.S. City Poised to Become Tomorrow’s Tech Mecca – Forbes4

 

Sources

  1. Startup Genome – Global Startup Ecosystem Report 2019
  2. Henry Kanapi, FitSmallBusiness.com – The Best U.S. Cities for Startups That Aren’t New York or San Francisco

 

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