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Government and academic professionals also seek them out to get connected to the startupecosystem. Plus, that organization and the individual meetup organizers tend to find synergies around space usage, teaching best practices and crosspollination of speakers and ideas. They also meet a ton of press.
While entrepreneurs can be found everywhere, some startupecosystems are thriving more than others. Building a startup community, or startupecosystem, is no easy task and requires a lot of intentional work. Incubators / Accelerators. Coworkingspaces. Investor networks. Universities.
Israel’s startupecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Jumpspeed invests exclusively in pre-seed and seed-stage startups from the Jerusalem startupecosystem. Are there startups that you wish you would see in the industry but don’t?
It requires accelerators and incubators and coworkingspaces to help nurture early ideas, and it needs VC firms investing across stages. Success begets success, and before you know it, a startup scene is born. By the time the new century came around the area began to shift to look like a modern startup scene.
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