Helsinki region one of the best startup ecosystems in the world – recent report praises availability of skilled professionals in AI and analytics in particular

Sep 22, 2021

The Helsinki region is among the top 20 urban areas in the world in the list of emerging startup ecosystems in the Global Startup Ecosystem 2021 (GSER) report published today. The report calculates that over the past 2.5 years, the startup ecosystem has created €5.6 billion in value added for the Helsinki region, with a total of €469 million in early-stage funding.

The Helsinki region is particularly highlighted by the abundance of skilled professionals in the fields of artificial intelligence, big data, analytics, gaming and digital health. In addition, the region has extensive support resources for start-ups in these fields. The report also states that startup companies should move to the Helsinki region precisely because of the good availability of skilled professionals in these fields.

“It’s great to see how the startup ecosystem in Helsinki is gaining momentum. In addition, the flow of capital into Helsinki’s startups is only increasing, and the message is clear – there is quality in the ecosystem,” says City of Helsinki’s Economic Development Director Marja-Leena Rinkineva.

The Helsinki region is also among the top 20 emerging ecosystems in the world when measuring the ability of cities to produce and retain skilled professionals in their startup ecosystem. In addition, when measuring innovation within early-stage funding and investor activity in the startup ecosystem, Helsinki ranks in the top 10 cities in the world.

Helsinki is also keen to help startups grow. The City’s NewCo Helsinki unit helps startups to procure funding, find partners and create networks for internationalisation. The unit’s NewCo Accelerator provides long-term support and personal coaching for startups. Find out more about the startup and ecosystem services here.

GSER report is the most comprehensive and widely read startup survey in the world

Startup Genome is the world-leading innovation policy advisory and research organisation for governments and public-private partnerships. Its mission is to promote the success of startups and the performance of ecosystems around the world.

The latest Global Startup Ecosystem 2021 (GSER) report was launched on 22 September at London Tech Week. The GSER report is the most comprehensive and widely read startup survey in the world, covering 280 business innovation ecosystems and 3 million startups. The report includes a list of 140 of the world’s best ecosystems, country-by-country breakdowns with regional perspectives, and articles by opinion leaders and experts on start-ups around the world.

See how different ecosystems performed in the comparison, and read the full report here:

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