The Startup State: Issue #128

A bulletin from the GEN Policy and GEN Research team highlighting key entrepreneurship news, reports, commentary, and features from around the world.
Matt
Smith

Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship announcements, reports, commentary and features from around the world. 

GET Fellows

The Global Entrepreneurship Network and IDB Lab, the innovation and venture arm of the Inter-American Development Bank, have opened applications for the inaugural GET Fellows cohort, a new program to strengthen entrepreneurship ecosystem leadership across Latin America and the Caribbean. 

Read the announcement | Promotional toolkit | Apply

News

  • Victoria, Australia has launched Innovation Victoria, a new agency to support startups, entrepreneurs, and investors from early-stage development through to global growth. The agency builds on the achievements of LaunchVic and Breakthrough Victoria (Invest Victoria)
  • Thailand has announced a 1 billion baht ($30.1m) initiative to co-invest in promising startups. The National Innovation Agency will lead on three separate funding models, including a 1bn Baht private equity fund, of which at least 500m will be contributed by the NIA and the Stock Exchange of Thailand (Bangkok Post)
  • Nigeria has launched the Nigeria AI Scaling Hub (NAISH) and a national shared compute infrastructure to expand access to AI resources and accelerate innovation (TechReviewAfrica
  • Indonesia will implement a startup act by the end of the year. The legislation will seek to simplify government support programs and incentives (Nikkei Asia)
  • Ukraine has launched Brave International, a new framework to allow the country's defense innovation platform Brave1 to finance defense startups not only in Ukraine but also in partner countries. The move will allow the rapid launch of joint grant competitions with international partners (Ukraine Business News)
  • The United Kingdom is considering introducing a £5m ($6.7m) invitation-only investor visa, focused on investment in UK companies. A previous scheme was closed in 2022 after concerns that it had become a channel for corrupt wealth into London real estate (IMI Daily)

Comment and analysis

Features

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The opinions expressed in the articles above are those of the authors and do not necessarily reflect the views of the Global Entrepreneurship Network.