Cyprus reaffirms its dynamic growth in the global startup ecosystem, recording the largest rise worldwide in the StartupBlink Ecosystem Index 2024.
The country climbed nine spots in the global ranking, earning the title of the fastest-growing startup ecosystem in the European Union.
This success is further highlighted by Cyprus’ outstanding performance across key indicators:
- 4th globally among countries with a population under 2 million.
- 6th globally in the number of startup exits below $1 billion.
- 9th globally in the number of investors per capita.
- 5x more startups compared to 2020, demonstrating the sector’s rapid expansion.
- The only country under 2 million population with four cities ranked in the global startup index.
Additionally, Cyprus continues…