Startup Genome unveils global ranking of top 20 startup ecosystems; Asia a black hole

The Startup Genome, a company that aims to transform tech entrepreneurship from a gut-driven into a data-driven endeavor, has today released its global ranking of top 20 startup ecosystems in a research report. Representing Asia is Singapore (17th) and Bangalore (19th), who are the the only ecosystems from Asia in the top 20. Australia fared well, with Sydney (12th) and Melbourne (18th) making the shortlist.

This version of the rankings is updated from the one that was released in April this year, which included less variables and didn’t account for population size. Read more

Sydney’s taxi finder app goCatch wins Microsoft’s APAC Startup 2012 Award

Taxi location app goCatch took home Microsoft’s prestigious APAC Startup 2012 Award, after pitching their business idea at BizSpark APAC Entrepreneur Summit in Sydney.

In its five-minute pitch, the Sydney-based startup’s solid business proposal and plans of venturing into overseas markets impressed the panel of judges to beat eight other finalists, including StyleRocks, a custom-made jewellery-maker. Read more

Singapore is top Asian startup ecosystem (7th overall), Startup Genome finds

Singapore is the top Asian startup ecosystem and 7th overall in the world, a just-released global ranking of the world’s top 25 ecosystems revealed.

The ranking is compiled by Startup Genome, a research project on tech entrepreneurship around the world.

Ranked according to “average throughput”, the only other Asian cities in the list of the top 25 are Bangalore at 9th and Mumbai at 20th. Sydney and Melbourne come in at 21st and 22nd respectively. Read more