Funchal Startup Ecosystem Comparative Analysis

City Ranking
National Ranking
7th
-
1
in Portugal
Regional Ranking
356th
-
25
in Western Europe
Global Ranking
1053rd
-
104
worldwide
top industries
Software and Data icon
Software and Data
#8169 worldwide
Social & Leisure icon
Social & Leisure
#9753 worldwide
Ecommerce & Retail icon
Ecommerce & Retail
#22140 worldwide
global rankings
Quantity Rankings  882ndQuantity Rankings  1129thQuantity Rankings  1033rd

StartupBlink’s rankings are based on an algorithm that adds up the scores of three components that are fundamental for startup ecosystems: Quantity, Quality and Business.

Quantity Ranking Indicators
1st
by number of startups
1st
by number of coworking spaces
1st
by number of accelerators
Quality Ranking Indicators
Business Ranking Indicators

Comparative Analysis of Top Cities for Startups in Somalia

StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Ecosystem Report.
Rows per page
2023 National Rank and Change▲
2023 National Rank and ChangeCity
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Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
Mogadishu, Somalia
678th
+
86
0.279
0.15
0.06
0.07
2nd
0
Hargeisa, Somalia
842nd
new
0.177
0.04
0.09
0.04
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