By The Indiana Economic Development Corporation—
Internationally renowned Startup Genome highlights Indiana as a Top 40 Emerging Startup Ecosystem
INDIANAPOLIS, Ind. – Startup Genome, a policy advisory and research organization, has released its 2022 Global Startup Ecosystem Report. The comprehensive, data-driven report analyzed more than 280 entrepreneurial ecosystems including 3 million startups and ranked Indiana as a Global Top 40 Emerging Ecosystem. Indiana is also included in seven other subsets for talent, early capital funding and performance.
“The Start Up Genome Top 40 ranking is an exciting validation of the hard work of our entrepreneurs—but there is still more, as a state, we can do,” said Indiana Secretary of Commerce Brad Chambers. “We are leaning in and finding innovative new ways to enable our immensely talented young people to propel our economy forward. I see no more important investment of time and resources and no reason that Indiana should not be a Top 5 ecosystem for entrepreneurship worldwide.”
In November, Startup Genome and the Indiana Economic Development Corporation announced a partnership to study and support Indiana’s entrepreneurial and innovation ecosystem development. Using a combination of global datasets and survey data, Startup Genome conducted an ecosystem analysis to determine Indiana’s stage of development, create benchmarks against peer and top global startup ecosystems, and examine opportunities and gaps as well as strengths.
Indiana-specific rankings and findings from the report include:
“Startup Genome is honored to work with Indiana Economic Development Corporation in accelerating ecosystem growth, job creation and impact in Indiana,” said JF Gauthier, founder and CEO of Startup Genome. “We are excited about Indiana’s startup community’s future because of the increasing investment in its innovative entrepreneurs.”
Since 2012, this research effort has provided rich insights and guidance to public and private leaders on how to cultivate thriving startup ecosystems and support local startups — the #1 engine of job creation and economic growth. The report ranks startup ecosystems on seven success factors, including performance and talent. Full global report details can be found here.
About Startup Genome
Startup Genome is the world-leading policy advisory and research organization for public and private organizations committed to accelerating the success of their startup ecosystem. We have advised more than 125 clients across six continents in 45+ countries to date. Working side-by-side with 300 partner organizations, our frameworks and methodologies have become instrumental to define and execute robust policies and programs that drive lasting change. Many of the world’s leading governments and innovation-focused organizations have joined our knowledge network to cut through the complexities of startup ecosystem development and fuel sustained economic growth. Follow our work at startupgenome.com, and follow us on LinkedIn and Twitter.
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Brad Chambers, @SecChambersIN, and governed by a 15-member board chaired by Governor Eric J. Holcomb, @GovHolcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.
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