These are the Latin American capitals of startups

In addition to 270 other cities in 100 emerging markets, Mexico City and Bogotá host startup ecosystems with the world’s greatest potential in the region.

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These are the Latin American capitals of startups
These are the Latin American capitals of startups

This story originally appeared in the World Economic Forum

By Marina Pasquali In collaboration with Statista in Spanish

According to the study The Global Startup Ecosystem Report 2020Five Latin American cities released by the startup Genome research company on June 25 are noted for hosting some of the world’s greatest startup ecosystems. Among 270 other cities in 100 emerging economies, Mexico City and Bogotá have the highest scores of Latin American cities in this ranking, although each excels in certain areas. The Mexican capital achieved the best score in the region in terms of human talent with a score of 9 in a range from 1 to 10. This category evaluates the quality and access to qualified human resources in software programming. Science and technology.

The Mexican capital scored the best in the region in terms of human talent / image: Pexels

Compared to other up-and-coming startup centers in the world, Latin American locations have a low market reach, with only Bogotá standing out with 9 points. A good performance in this area means that startups based in this city benefit from a broad access to customers, which enables them to conquer a relatively fast segment and thus to internationalize.

Curitiba, the only metropolis in this graphic that is not the state capital, achieved the best overall performance of the startup ecosystem with 7 out of 10 points. The Brazilian city where Fintech Ebanx was born, one of the last Latin American startups to achieve unicorn status, received the highest score for the total value of the ecosystem and the overall success of the startups that chose to host it.

Image: Statista

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