November 18, 2024

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Sharjah tops ‘High Growth’ list in 2020 Global Startup Ecosystem Report

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Najla Al Midfa

Sharjah has ranked first in high-growth activation phase ecosystems, in the newly launched Global Startup Ecosystem Report (GSER).

In line with the Sharjah Entrepreneurship Center’s mandate to put Sharjah on the map as an entrepreneurial hub locally and internationally, Sheraa has partnered with Startup Genome to benchmark Sharjah’s entrepreneurial performance and contribute towards the 2020 GSER, powered by Startup Genome and the Global Entrepreneurship Network.

Launched at the Ecosystems Couch Conference on June 25, the GSER is the world’s most comprehensive and widely read research on startups with 250 ecosystems studied, a ranking of the top 30 and 10 runner up global ecosystems, and a top 100 ranking of emerging ecosystems as well as a ranking of high-growth ecosystems based on the Ecosystem Lifecycle Model.

Najla Al Midfa, CEO of Sheraa, says, “It’s a proud moment for Sheraa, and Sharjah, to be recognised as a top high-growth ecosystem by Startup Genome. This achievement is a testament to our dedicated efforts over the past five years to cultivate a world-class entrepreneurship ecosystem. We look forward to further advancing Sharjah’s reputation as a vibrant startup hub – one that is home to high-impact ventures that contribute to our communities and the growth of our economy.”

The 2020 GSER cites Sharjah’s commitment to research and innovation, the access to high-calibre talent through the University City, and the presence of regional sub-sector strengths such as education technology and the creative economy, as key assets in the Sharjah ecosystem. 

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