Moscow is the second in the ranking of ecosystems for startups

Moscow took second place in the Global Startup Ecosystem Index 2021 ranking of European cities.This list was compiled by

Based on a study by the Swiss-Israeli center StartupBlink, for this he studied the ecosystems of thousands of cities from more than a hundred countries.London came first, and Paris came third.In the 2020 ranking, Moscow was third.

“Moscow has become the second in Europe, ahead of the strongcompetitors - Paris, Berlin and Amsterdam. Leadership was helped to provide city technology sector development programs. We didn't stop them despite the pandemic. Of course, we will continue to actively support innovators - with subsidies, consultations, new services, educational and infrastructure projects, ”said Deputy Mayor of Moscow Natalya Sergunina.

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StartupBlink annually compiles a ratingecosystems for startups based on an extensive database, which includes more than a thousand cities, 70 thousand startups, 2 thousand coworking spaces, 800 accelerators around the world. Researchers consider the number and quality of innovative companies, infrastructure, and investment.

In addition to the rating of cities, the center presentsregional analysis - an overview of the best cities and leading countries in each major region. And industry analysis provides the world's best ecosystems across 12 industries such as food tech, edtech, and COVID-19 innovation.

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