The World's 20 Hottest Startup Scenes: Tel Aviv ranked 2ndAug. 15, 2013
Silicon Valley is still No. 1, Tel Aviv ranked second, claims Entrepreneur website, but some surprising cities like Sao Paulo, Brazil and Bangalore, India have become successful startup hubs over the past decade. Startup Genome's Startup Ecosystem Report 2012 ranked the top 20 most active startup scenes in the world based on criteria including funding, entrepreneurial mindset, trendsetting, support, talent and more.
According to data compiled by financial-software firm Intuit, some of the cities even outshine entrepreneurial darling Silicon Valley. For example, 20 percent of Santiago, Chile's entrepreneurs are women compared with a paltry 10 percent in the Valley.
For the full Entrepreneur list and more about the top 20 entrepreneurial cities around the world, click here.