Chicago, one of the top 20 startup ecosystems in the world, leads the way in female entrepreneurship with more than 25% of their founders being women. Rounding out the top five overall are New York City, Kuala Lumpur, Shanghai, and Houston. Globally, only 14.1% of tech founders are women.
Of the more than 80 ecosystems Startup Genome measured, women do not make up half of the founders in any ecosystem. In fact, only three ecosystems crack the top 10 in both female entrepreneurship and global performance: New York, Los Angeles, and Shanghai.
The top 10 startup ecosystems for female founders in 2019 are:
- Chicago (26%)
- New York City (22-24%)
- Kuala Lumpur (22-24%)
- Shanghai (22-24%)
- Houston (20%)
- Denver-Boulder (20%)
- Sydney (19%)
- Miami (19%)
- Los Angeles (18%)
- Busan (18%)
This research is an extension of the recently published 2019 Global Startup Ecosystem Report (GSER), the world’s most comprehensive and widely-read research on startup ecosystems. The GSER looks at trends among startup ecosystems and it examines the growth and decline of sub-sectors, both globally and in individual ecosystems.
«Startup success should not depend on gender, geography, ethnicity, social background, or sexual orientation,” said JF Gauthier, Founder and CEO of Startup Genome. “Startup ecosystems have become the number one engine of job creation and economic growth, and local leaders must focus their actions and policies on engaging more women in startups.»