The Startup Ecosystem of Armenia
Armenia boasts 1 city in the top 1000 and is the leading startup hub in Eastern Europe.
COUNTRY RANKING
Armeniaâs startup scene saw an increase in 2022 and jumped 5 spots from the previous year, outranking Nigeria.
Population
Million
Regional Ranking
In Eastern Europe
Global Ranking
Worldwide
ECOSYSTEM
Browse the startup ecosystem database of Armenia
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Ecosystem
The Startup Ecosystem in Armenia
Global Rank
Armenia is ranked within the top 100 startup ecosystems globally.
Top Industries
Armeniaâs startup scene is best represented in Social & Leisure, Software and Data, and in Marketing & and Sales.
Top Cities for Startups in Armenia - Ranked by StartupBlink
| 2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 244th + 38 | 3.071 | 0.25 | 0.71 | 2.11 |
Startups
Notable Startups in Armenia
Startups
Successful Social & Leisure startups in Armenia
Startups
Startups Ranking by Industry
On our map, you can explore a total of 14 startups for Social & Leisure.
In Eastern Europe, Armenia's Software and Data is in top 56. Armenia has a concentration of about 7 of the region's total Software and Data startups that are represented on our map.
Our database contains 4 for Marketing & Sales in Armenia.
ECOSYSTEMSFeatured Ecosystem Portals
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Recent Posts
Tue Mar 14 2023
EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?
Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlinkâs Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, [âŠ]
Wed Mar 08 2023
How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?
Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide. StartupBlinkâs GSEI is based on an elaborate algorithm [âŠ]
Tue Feb 28 2023
The Top 30 Countries by Absolute Power in 2022
What is Absolute Power? Generally, StartupBlinkâs GSEI scoring algorithm calibrates the countriesâ total score to their population size to check the startup outputs of countries per capita.  The âAbsolute Powerâ algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [âŠ]