While Austin tends to get a lot of recognition as the state’s innovation centers, North Texas is gaining traction, with its own unicorn, well-known VC firms and startups that have made pitches on the national stage.
And, for the first time, Dallas has landed a spot on innovation policy advisory and research firm Startup Genome’s annual Top Global Ecosystems of Today and Tomorrow list. The report asked hundreds of founders around the world, while pulling data from Crunchbase, Pitchbook and the likes. Though it didn’t make the top 30 cut, this year the organization expanded the list to 40, with Dallas tying for the No. 31 spot.
“These [runner-up] ecosystems have identifiable gaps like connectedness, market reach, and knowledge that, if closed, along with focusing on strengths, can help catapult them into the top 30 startup ecosystems in the next few years,” the report states
Across the globe, startup ecosystems were ranked according to their market reach, talent, funding, connectedness, knowledge and performance. Though Dallas took scores of only 1 out of 10 in the categories of performance, funding, connectedness and talent, it scored relatively high, compared to others in its bracket, in knowledge and market reach.
Austin landed at the No. 19 spot, marking a fall from No. 16 the previous year. The major startup hubs of Silicon Valley, New York City and London held their positions in the top slots.
The top 10 are below.
- No. 1 Silicon Valley
- No. 2 New York City
- No. 2 London
- No. 4 Beijing
- No. 5 Boston
- No. 6 Tel Aviv-Jerusalem
- No. 6 Los Angeles
- No. 8 Shanghai
- No. 9 Seattle
- No. 10 Stockholm
“As startup culture and entrepreneurship spreads across the world, different ecosystems are gaining relevance and impacting economies in a meaningful way,” the report states.
