The Startup State: Issue #132

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

The Startup State will return in September. Meanwhile, you can find the full archive on our website. Thanks for reading - see you in September. Best, Matt

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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. 

News

  • Türkiye is converting the former terminals at Istanbul's Ataturk Airport into Terminal Istanbul, a roughly 200,000-square-meter startup campus, opening its first phase in August with space for 50 startups and partners, including Techstars İstanbul. (Turkish Minute)
  • Georgia has reopened the former Parliament building in Kutaisi as its largest technology hub, combining startup workspaces, labs, an AI computing center and a TUMO education center under the Innovation and Technology Agency. (Georgia Today)
  • The United Kingdom has announced that a consortium of its largest pension providers, working with the British Business Bank, will explore a UK Scale-up Fund of over £1bn ($1.3bn) to back high-growth science and technology companies. (GOV.UK)
  • Vietnam has introduced reforms in Hanoi under the Capital Law, cutting business registration to two working days, exempting eligible innovative startups from corporate income tax, and preparing sandboxes for green tech, smart cities and the low-altitude economy. (Việt Nam News)
  • Kazakhstan will establish an international innovation hub for AI and startups in the Akmola region, developed with Network School founder Balaji Srinivasan and financed entirely through private investment. (Kazinform)

Comment and analysis

Features

  • Lee's Silicon Valley trip energizes K-startups, raising support hopes (Seoul Economic Daily)
  • Türkiye boosts support for clean tech startups ahead of COP31 (Daily Sabah)
  • EDA Tech Hubs survive federal cuts with $169 million in lean funding round (Technical.ly)
  • From an angry post to a $50m ribbon-cutting: the land battle behind an Egyptian deeptech scaleup's $50m factory (Launch Base Africa)
  • Inside one London founder house rewriting the founder-house rules (TechCrunch)
  • America's startup boom offers hope for the future of work (The Economist)

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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.