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![brown and gray concrete buildings during daytime photo](https://images.unsplash.com/photo-1517141772911-756dc840a94f?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
 Amidst constant changes and periodic ups and downs in economic and geo-political situation worldwide, the United States remains the global startup leader in total startup output, triple that of its closest competitor, and takes top marks for both per-capita startup activity and the startup friendliness of its business environment. The United States is the world’s most vibrant source of free and disruptive technological creativity, and it is not a coincidence that the latest explosion of AI related technologies is centered in the San Francisco Bay Area. The United States version of the internet is global and open, in contrast to more isolated systems forming in other parts of the world. The nation's startup ecosystems are leveraged by the emigration of the most ambitious global entrepreneurs who know that the United States is the best place to scale and grow a winning company. Another substantial advantage that attracts foreign entrepreneurs looking to scale globally: English is the world’s dominant language. 

 

==read-more==

 

 The United States version of free-market capitalism provides startups with opportunities, funding, and support, and focuses on profit and high risk tolerance with flexible bankruptcy laws. Compared to the financial and reputational consequences of business failures in many other countries, we can see why entrepreneurs prefer to test new ideas in the United States. This creates healthy ecosystems centered on the private sector with minimal government interference. 

 

 Faced with increasing competition from international innovation hubs, the United States public sector is taking steps to maintain the nation's unique position as the global tech leader. First, new laws are being passed to support strategic industries. An example is the CHIPS Act of 2022, which empowers local semiconductor manufacturing. Second, [SelectUSA](https://www.trade.gov/selectusa-home) promotes the United States as a top investment destination with various activities, including the [SelectUSA Investment Summit](https://www.selectusasummit.us/). In line with this, the United States provides visas for people wanting to start or invest in American businesses, including individuals with extraordinary achievements. 

 

 The top United States startup ecosystems offer new companies unparalleled access to funding through a large network of VCs, angel investors, and mentorship in high quality accelerators such as [Y Combinator](https://www.ycombinator.com/). On top of this, leading United States Universities provide cutting-edge scientific research and populate ecosystems with top talent, as well as drawing in ambitious foreign students. Relatedly, we cannot ignore the political controversies of recent years in some top United States Universities, accused of groupthink and lack of free speech, which threaten to diminish their internal and external prestige. This could have a negative impact on the country’s startup ecosystems. 

 

 United States startup ecosystems flourish thanks to the commitment of stakeholders around the country. For example, Launch Minnesota, an initiative of the State of Minnesota, supports startups by offering innovation grants, an angel tax credit, and educational grants to facilitate scaling. Additionally, the presence of leading corporate startup programs from companies like [IBM](https://ibm.startupblink.com/), [Intel](https://www.intel.com/content/www/us/en/homepage.html), and [PepsiCo](https://pepsico.com/) enhance these ecosystems by connecting founders with resources, potential clients, and partners. Each organization's efforts collectively strengthen the United States's position as the top country for startup leaders. 

 

 The United States should avoid hampering innovation, such as the elimination of the immediate tax deduction for R&D expenses or the proposed bill to increase capital gains tax to the highest levels in the last century. Both those initiatives send the wrong signal and heavily burden US innovation. The United States needs to maintain its mindset of entrepreneurship and risk-taking so its ecosystems will continue to thrive and attract ambitious entrepreneurs from around the world.

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MaRS Discovery District

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Kingston Economic Development Corporation

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Explore the Startup Ecosystem of Philadelphia and compare its rankings to thousands of locations across 12 industries

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Startup Ecosystem Overview of Malvern | StartupBlink | StartupBlink

Regional Rank & change	City	Global Rank & Change	Total Score	Quantity Score	Quality Score	Business Score
1st⁰	Toronto Area, Canada	22nd⁺¹	36.732	8.21	25.12	3.40
2nd⁰	Ottawa, Canada	67th⁺¹	10.193	1.14	5.68	3.37
3rd⁰	Kitchener Waterloo, Canada	90th^-14	8.588	1.27	3.95	3.37
4th⁰	Kingston, Canada	179th⁺¹	3.232	0.86	0.78	1.58
5th⁰	Hamilton, Canada	279th⁺⁴⁰	1.472	0.42	0.33	0.72
6th⁺²³	Midland, United States	384th⁺⁴	0.896	0.06	0.38	0.46
7th^-1	London, Canada	424th⁺¹³	0.709	0.19	0.18	0.35
8th⁰	Guelph, Canada	510th⁺⁸⁵	0.468	0.13	0.11	0.23
9th⁺¹	Windsor, Canada	541st⁺¹⁵²	0.411	0.15	0.06	0.20
10th⁺²	Thunder Bay, Canada	585th⁺¹³¹	0.345	0.11	0.07	0.17

Philadelphia Startup Ecosystem Comparative Analysis

Comparative Analysis of Top Cities for Startups in Ontario