Sharjah has been awarded top ranking in high growth activation phase ecosystems by the newly launched Global Startup Ecosystem Report (GSER), making possible the emirate’s journey towards being a thriving global startup hub, Wam reported.
In its efforts to put Sharjah on the map as an entrepreneurial hub locally and internationally, the Sharjah Entrepreneurship Center or Sheraa has partnered with Startup Genome, the world’s leading policy advisory and research organisation for governments and public-private partnerships, to benchmark Sharjah’s entrepreneurial performance and contribute towards the 2020 GSER, powered by Startup Genome and the Global Entrepreneurship Network.
The GSER, which was launched at the Ecosystems Couch Conference on June 25, is the world’s most comprehensive and widely read research on startups. It has studied 250 ecosystems, a ranking in the top 30 and 10 runner-up global ecosystems, a top 100 ranking of emerging ecosystems, and a ranking of high-growth ecosystems based on the Ecosystem Lifecycle Model.
“This achievement is a testament to our dedicated efforts over the past five years to cultivate a world-class entrepreneurship ecosystem,” said Najla Al Midfa, CEO of Sheraa.
The 2020 GSER cites the emirate’s commitment to research and innovation, its access to high-calibre talent through University City, and the presence of regional sub-sector strengths such as education technology and creative economy, as key assets in the Sharjah ecosystem.
“The GSER is the foundation of global knowledge where we, as a network, come together to identify what policies actually produce economic impact, and to what context,” said JF Gauthier, Founder and CEO of Startup Genome.
Sharjah also ranks as among the Top 20 in Africa and Middle East for “Bang for Buck” and the Top 30 Africa and Middle East Ecosystems for Affordable Talent.