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The Startup Genome released the first half of its report on the world’s top startup ecosystems – the so-called Startup Ecosystem Index. Tel Aviv headed the list, second only to Silicon Valley, as reported in TechCrunch.
The comparative analysis, produced in collaboration with affiliates from UC Berkeley, Stanford and Telefónica Digital, covers a host of topics, including how the landscape of startup ecosystems has begun to extend beyond Silicon Valley to become somewhat of a global phenomenon. The report compiled a global ranking of startup ecosystems based on a 50-variable, 8-component index, which includes Startup Output, Funding, Company Performance, Talent, Support Infrastructure, Entrepreneurial Mindset, Trendsetting Tendencies and Ecosystem Differentiation.
Here’s some of what was said in the Report about the Tel Aviv startup ecosystem:
As a country, Israel may be only 60 years old and have a population of around 7 million but it has the highest density of tech startups in the world. In 2009, 63 Israeli companies were listed on the tech-orientated NASDAQ – which is more than Europe, Japan, Korea, India, and China combined. Almost every major tech company today has some kind of subsidiary in Israel, including Intel, Microsoft, Google and Cisco to name just a few. Consequently, 39% of Israeli high-tech employees work in the R&D departments of multinational companies.
In the Startup Ecosystem Index, Tel Aviv ranks second globally, because it has the second highest output index of startups with a healthy funnel of startups across the developmental lifecycle, a highly developed funding ecosystem, a strong entrepreneurial culture, a vibrant support ecosystem and a plentiful supply of talent.
Here are the top 20, in order:
For the full TechCrunch article click here.
To download the Startup Ecosystem Index report click here.
November 11, 2012, category: Technology
With gas shortages rampant following Hurricane Sandy, FEMA and the White House turned to Israeli crowd-sourced navigation app Waze to gather data on where to send gasoline fueling trucks. The episode showed how mobile crowd-sourced data and tools like Waze can be helpful in a crisis. As reported in GIGAOM.
Close to 30 million mobile app users turn to Waze to tap its crowd-sourced data for car directions. The Federal Emergency Management Association (FEMA) and the White House saw an opportunity to use the app in a new way, following widespread gas shortages due to Hurricane Sandy.
The government agencies called up Waze in the days after the storm hit, and asked for help in figuring out where to send gasoline trucks in New Jersey. Since many gas stations were out of power or were unable to open, the challenge became understanding where to send the fuel and who needed it most.
Di-Ann Eisnor, Waze’s VP of platforms and partnerships, told Gigaom that Waze had a simple system up and running that allowed users who visited a gas station to get a system message that allowed them to report the conditions there. The users were able to leave a chit-chat message explaining if there was gas available, how the lines were and how long the wait was. The Waze app also displayed pins on its maps for local gas stations that were open.
Waze relayed hundreds of chit-chats back to both FEMA and the White House and sent the data along to Google’s Crisis Maps, which collected disaster resource information. After opening up a line of communication with New Jersey residents, Waze heard from users in Staten Island and Long Island, who also complained of gas shortages. Waze then expanded its reporting program Saturday night to those affected areas and turned over that information to the government, helping them target more gas stations.
Eisnor said it’s unlikely that the government would have turned to Waze even a year ago. But after growing rapidly to about 30 million users, up from 13 million users six months ago, the app has sufficient reach to mobilize people and gather good data.
“We did not think there would be a fuel shortage and FEMA would need to talk to the Waze community but I think it’s a given now that a problem like this needs to be crowdsourced and government and citizens need to work together,” said Eisnor.
She said there are more opportunities for systems such as Waze to work with government agencies on tasks like relaying Amber Alerts or routing traffic around trouble spots. Waze, she said, will likely work on how to pass data directly on to the government during emergencies instead of relying on people at the company to do that.
Eisnor was also pleased at the response from users, who are becoming more attuned to the idea of assisting each other and giving back to the greater good through crowd-sourced tools. In future crisis situations, having a widely used platform and a willing group of users could play an even bigger role in restoring order, gathering information or providing need.
For the full GIGAOM article click here.
November 1, 2012, category: Investment (Nili)
The Wall Street Journal interviewed Israel Venture Network (IVN)‘s CEO Isabel Maxwell at the Webit conference in Istabnbul. IVN introduces a new mix of investment fund and philanthropic endeavor – one
The prestigious research firm Cleantech Group has just published its fourth annual Global Cleantech 100 list, which lists the upcoming private companies to watch in the global cleantech arena. Israel, which
September 24, 2012, category: Medical devices (Rebecca)
Polyrizon is a startup dedicated to “Health Care” and is in its first phase business, which develops new gel-based biological technology called C & C (capture and hold). C