Funchal boasts 4 startups in our sample database which represents about 1% of Portugal’s sampled startups. Funchal is the 6th best startup ecosystem in Portugal.
While Funchal decreased by 242 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Portugal remained stable at 6 nationally since 2021.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Funchal is ranked within the top 1000 startup ecosystems globally.
Funchal's startups overperform in Social & Leisure,Software and Data,, all ranking within the global top 50.
|2022 National Rank & Change||City||Global Rank & Change||Total Score||Quantity Score||Quality Score||Business Score|
On our map, you can explore a total of 2 startups for Social & Leisure.
Funchal boasts 2 startups in Software and Data on our map.
If you are a startup ecosystem developer in Funchal, you can grow your startup economy by becoming a partner.
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 StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]
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. StartupBlink’s GSEI is based on an elaborate algorithm […]
What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita. The “Absolute Power” 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 […]