The results are in and they prove what we already know - Detroit is one of the best places to start a business. Startup Genome’s 2022 Global Startup Ecosystem Report recognizes Detroit as the top emerging startup ecosystem.
Detroit is the No. 1 emerging startup ecosystem globally, according to newly released rankings from Startup Genome’s 2022 Global Startup Ecosystem Report (GSER). The GSER provides a comprehensive review of the startup world, with data from over three million companies across 280+ entrepreneurial innovation ecosystems.
Detroit’s top ranking marks a 13-spot jump from the previous year, solidifying the city’s growth in early-stage funding and investor activity, number of scale-ups and unicorns in the ecosystem, IP commercialization and ability to retain talent. According to the report, Detroit also ranked first in GSER’s list of Top 10 Ecosystems by Ecosystem Value at $90.6 billion, outranking both national and global cities such as Kuala Lumpur, Hong Kong, Jakarta and Minneapolis.
Read more about the study here.