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 community news
- U.S. Small Business Administrator Isabel Guzman has joined the speaker line up for GEC+Puerto Rico. Administrator Guzman – the leading advocate in President Biden’s Cabinet for small businesses and startups – will deliver opening remarks and participate in cross-border policy discussions as part of the Latin America and Caribbean-focused event in July. Learn more | Register
- Tech Safari is partnering with Founders Connect to host Afrotech Fest on June 1st – a festival in London celebrating Africa’s tech ecosystem (Tech Safari)
- London Tech Week, taking place 10-14 June, is preparing to welcome 45,000 delegates from 90+ countries. If you are a government representative and have not yet connected with the organizing team to access the international reception and wider opportunities for government delegations, please email me and I will connect you! (LTW)
- Following the live launch at London Tech Week, key findings from the 2024 Global Startup Ecosystem Report will be presented and discussed at a joint GEN / Startup Genome webinar on 18th June. Learn more and register
News
- Chile has announced the creation of Startup Campus - a $10m, 4,000 sqm hub in Santiago that aims to unite ecosystem players and spur the creation of scientific and technological companies (Contxto)
- Abu Dhabi’s Department of Health has launched HealthX, a startup program that seeks to advance the emirate as a hub in the biotech and life science industry (DOH)
- Nigeria is launching the “Nigerian Startup House” in San Francisco in an effort to attract investments to Nigeria (Technext)
- Singapore’s Vertex Holdings, the VC arm of state investor Temesek Holdings, is launching a new Japan-focused fund (Nikkei Asia)
Several venture capital and startup organizations focused on diversity within tech have announced the Diversity Data Alliance, a commitment to standardizing the way that data is collected, with the aim of increasing capital allocation to underrepresented founders (TechCrunch) - The Saudi Tourism Authority has confirmed that the Unified GCC visa, permitting travellers to to explore all six Gulf nations for more than 30 days, is scheduled for implementation by year’s end (The Economic Times)
Research & analysis
- Should the United States invest in a start-up visa program for immigrants?
This Center for Growth and Opportunity report reivews startup visa policies around the world and makes the case for a visa program tailored to the United States. - Heartland visas: How a new place-based, high-skilled visa can help revive growth in the American heartland
This Economic Innovation Group report proposes a visa program to attract skilled immigrants to areas in the U.S. experiencing economic and demographic decline. - Innovation policy learning from Korea: The case of monitoring and evaluation
This World Bank report highlights Korea’s journey to becoming a leader in innovation. The study emphasizes the importance of continuous adaptation and learning in monitoring and evaluation for innovation policy. Related: A case study on Korea’s R&D tax incentives: Principles, practices, and lessons for developing countries
Comment
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- Why America needs an Apollo program for the age of AI (Eric Schmidt)
- Scale matters more than ever for European competitiveness (Sven Smit and Jan Mischke, McKinsey & Co)
- Invest in African businesswomen to bring economic growth for all (Aissata Lam, DG, Investment Promotion Agency and Mauritania, Eveline Tall, Chairperson, E and Partners and Monica Musonda, CEO, Java Foods)
- (French) Entrepreneurial support, to be further democratized (Karim Messeghem, Constance Bench, Justine Valette and Sophie Casanova, University of Montpellier)
- UK government must help women-led startups after angel investor policy change (Freddie-Nicolle Brace, head of legal, 1st Formations)
Features
- Economist: America is in the midst of an extraordinary startup boom (free registration required)
- TechCrunch: The women in AI making a difference
- Sifted: ‘Not being isubject to the EU’s regulatory fervour is massively working in our favour’ - AI thrives in Brexit Britain
- African Business: Sudanese entrepreneurs fleeing war find their feet in Egypt
GEN Atlas insights
The GEN Atlas is the world’s largest entrepreneurship policy compendium, featuring over 370 case studies from 70 countries. Using these case studies, we publish Country Deep Dives examining the policies underpinning countries’ entrepreneurial success, Policy Deep Dives comparing different countries’ approaches to common policy challenges, and Atlas Spotlights highlighting the best examples of policies under a broad theme. Recent highlights:
- Atlas spotlights: Finance
- Policy deep dives: Startup visas | Youth entrepreneurship | Supporting ethnic minority entrepreneurs
- Country deep dives: South Africa | France | The Netherlands
To suggest content for inclusion in future editions of 'The Startup State', please email matt@genglobal.org.
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