The world’s economy has always been dependent on startups and innovative business ideas. However, what does the current landscape look like? and who are the driving forces behind today’s entrepreneurial race?
The data from 38 trusted sources uncovered interesting facts about dynamics of today’s entrepreneurial activities around the world. The United States keeps a top position in the number of startups (4.8 million). A huge growth though is being observed in emerging countries like India and Brazil. The number of startups in these countries has currently reached 2 million or 584,000, respectively. The most interestingly, Uganda has been ranked as the most entrepreneurial country in the world considering that 28.1% of its adult population is involved in the entrepreneurial activities.
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What About A Government Support For Startup Initiatives?
To mention some, Israel hopes to make their country more viable by pumping $450 million into seed funding and R&D. Startups in Chile can apply for a $40,000 equity-free grant. Besides domestic citizens, the governments try to attract foreigners with entrepreneurial intentions by issuing lucrative grant schemes and startup visas.
Check out this infographic for more interesting facts!
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