Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship news, reports, commentary and features from around the world.
GEN Atlas insights
The GEN Atlas is the world’s largest entrepreneurship policy compendium, featuring over 350 case studies from 70 countries. Using these case studies, we publish Country Deep Dives which examine the policies underpinning countries’ entrepreneurial success and Policy Deep Dives which compare different countries’ approaches to common policy challenges.
- New Atlas entries: Taiwan's Green Technology Startup Competition | Cordoba's Acceleration and Scaling Program
- Recent policy deep dives: Startup visas | Youth entrepreneurship | Supporting ethnic minority entrepreneurs
- Recent country deep dives: South Africa | France | The Netherlands
GEN community news & opportunities
- A multi-platinum music producer, a Grammy-nominated entrepreneur, an early-stage tech investor, a startup accelerator founder and more are among the first speakers to be announced for GEC+Puerto Rico, taking place this July in San Juan (GEN)
- Tomorrow, Tokyo Metropolitan Government open SusHi Tech Tokyo 2024 - Asia’s largest and Japan’s only global innovation conference. GEN founder and president Jonathan Ortmans will join the leaders of GEN Japan, GEN Thailand and GEN UK on stage on May 16 as part of the conference’s Global Startup Program (Tokyo Metropolitan Government)
News
- The United States Federal Trade Commission has announced a national ban on noncompete clauses in a ruling it estimates will create more than 8,500 new startups per year, raise worker wages, lower healthcare costs, and boost innovation. The ruling is expected to be legally challenged in an effort to block its implementation (FTC)
- Malaysia has announced a raft of policies at its KL20 Summit including ‘golden passes’ for VCs and unicorns, a fund-of-funds led by its sovereign wealth fund, Southeast Asia’s largest integrated circuit design hub, and a single window for the startup ecosystem (Deal Street Asia)
- South Korea has launched the Startup Korea Fund which matches 30% government funding with 70% private sector investment (Pulse News)
- Vietnam has published a draft decree to establish a regulatory sandbox for the fintech sector (Global Compliance News)
Publications & analysis
- Improving the measurement of the creative economy
This UN Trade and Development statistical framework helps developing countries assess and leverage their creative industries to fuel growth. - Taking stock April 2024: Promoting innovative entrepreneurship
This World Bank report sets out recommendations for Vietnam to increase domestic private sector productivity by improving the conditions for entry and growth of innovative startups. - State of youth entrepreneurship ecosystem in Pakistan
This UNDP report reflects on Pakistan’s growing momentum in its entrepreneurship ecosystem since 2012 while highlighting the many challenges that continue to suppress its ranking in global indices. - The changing demographics of business ownership
This Brookings Institution report provides a deep dive into how trends in employer business ownership in the United States has changed in recent years for different groups.
Comment
- Innovation unleashed: Transforming Rwanda’s financial landscape (Paula Ingabire, Minister of ICT and Innovation in Rwanda and Nick Barigye, CEO, Rwanda Finance Limited)
- Lessons from (a new) Vietnam (Christopher Schroeder, co-founder, Next Billion Ventures)
- The 3-stage process that makes universities prime innovators (Anne-Laure Fayard, ERA chair professor in social innovation, Nova School of Business and Martina Mendola, researcher, The Dock)
- Swedish schizophrenia: Tech superstars with a small voice (Clara Riedenstein, researcher, digital innovation initiative team, Center for European Policy Analysis)
- Ireland’s full of tech talent – but not enough of it is working for startups (Éanna Kelly, contributing editor, Sifted)
- Walking a tightrope: Can the Central Bank of Nigeria regulate and collaborate in Nigeria’s fintech space? (Mohammed Akanni, contributor, Business Day)
- Latvia’s startup financing gets creative (Zosia Wanat, senior reporter, Sifted)
- The federal budget is a taxing blow to Canada’s innovation economy (Jack Newton, founder and CEO, Clio)
Features
- Rest of World: TSMC’s debacle in the American desert
- Trinidad Express: Building an entrepreneurial ecosystem
- Politico: Rishi Sunak promised to make AI safe. Big Tech’s not playing ball
- Tech.eu: Uzbekistan’s tech frontier: From Silk Road legacy to Central Asia’s Silicon Valley challenger (sponsored content)
To suggest content for inclusion in future editions of 'The Startup State', please email matt@genglobal.org.
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