Bahrain ranks amongst the top 10 MENA Emerging ecosystems and shows a growth of 54% in Ecosystem Value according to the Global Startup Ecosystem Report

Bahrain ranks amongst the top 10 MENA Emerging ecosystems and shows a growth of 54% in Ecosystem Value according to the Global Startup Ecosystem Report

The Kingdom of Bahrain ranked as top 10 MENA Ecosystem and top 10 Emerging Ecosystem in Performance in the 2023 Global Startup Ecosystem Report. The report is one of the world’s most comprehensive, data-driven research on startup ecosystems, and it is published annually by the world-leading policy advisory and research organization Startup Genome in cooperation with the Global Entrepreneurship Network (GEN). The latest version of the report was announced globally in Amsterdam during the TNW Conference . The report ranks a 100 emerging ecosystems around the world and provides compelling insights and knowledge about startup trends around the world.

Bahrain’s ecosystem value increased to $928 million compared to last year’s figure of $564 million, marking an increase of 54% in ecosystem value growth- which is a measure of economic impact, calculated as the value of Exits and startup valuations.