The Startup Ecosystem of Funchal
Funchal has 4 startups in our sample database. This represents about 1% of Portugal’s startups. Funchal is the 7th best startup ecosystem in Portugal.
CITY RANKING
Since 2023, Funchal lost 104 spots in the Global Startup Ecosystem Index, having now positioned itself as 1053rd worldwide.
National Ranking
In Portugal
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Startups
Funchal Top Startup Industries
2 startups
2 startups
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Ecosystem HealthCheck
Funchal Ecosystem Health Check
The health check tables allow you to look at the performance Funchal has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Funchal
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Ecosystem
The Startup Ecosystem in Funchal
Global Rank
Funchal is ranked below the top 1000 startup ecosystems globally.
Top Industries
Funchal's startups overperform in Social & Leisure,Software & Data,, all ranking within the global top 50.
Top Cities for Startups in Portugal - Ranked by StartupBlink
| 2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 62nd + 21 | 10.232 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 147th - 11 | 4.399 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 424th + 8 | 0.733 | 00.00 | 00.00 | 00.00 | |
4th 0 | 557th - 116 | 0.409 | 00.00 | 00.00 | 00.00 | |
5th + 2 | 639th + 326 | 0.321 | 00.00 | 00.00 | 00.00 | |
6th - 1 | 739th - 72 | 0.233 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Funchal
Startups
Successful Social & Leisure startups in Funchal
ECOSYSTEM
Why should you join Funchal's Startup Ecosystem?
Overview
7th
National Rank
356th
Regional Rank
Overview
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Recent Posts
Tue Sep 19 2023
The Global Startup Ecosystem Rankings by StartupBlink
The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]
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At StartupBlink, we always say that where you base your startup highly affects your success. Hence, the Global Startup Ecosystem Index sheds light on location-based decisions for startups and other ecosystem stakeholders. In this episode of the Startup Ecosystem Podcast, Eli David and Martin Jordana go further to discuss the cities of the future for […]
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A comprehensive startup ecosystem database can help you to allocate resources better, improve information flow, foster collaboration, and drive innovation. Additionally, it is a way to showcase resources and opportunities available in your ecosystem to entrepreneurs and startups interested in relocation or building a business overseas. This is an essential part of building a thriving […]