I created this what I called the top "10 Startup Ecosystem Pillars" or drivers that are important for a startup system to survive and thrive. It's a good framework to use to assess if a country, region or cities' ability to support a startup community.
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Top 10 Startup Ecosystem Pillars
1. 1. Existence of
“entrepreneur” in
vocabulary
2. Local success
story (e.g. if
he/she did it, I
can!)
3. Capital
(Funding)
4. Talent factory
(Universities or
education
institutions need
to be near by)
10. Large
companies with
assets
5. Spaces to
collaborate –
from coffee shops
to co-working
space (and Wi-Fi)
9. Good weather
& natural
environment
8. Good
transportation &
infrastructure
7. Government
support (e.g.
grants)
6. Startup
institutions
mentorship (i.e.
accelerators,
incubators)
Top 10 Startup Ecosystem Pillars