Graz has 53 startups in our sample database. This represents about 14% of Austria’s startups. Graz is the 2nd best startup ecosystem in Austria.
While Graz decreased by 5 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in Austria remained stable at 2 nationally since 2022.
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The health check tables allow you to look at the performance Graz 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...
Graz is ranked within the top 300 startup ecosystems globally.
Graz’s startups excel particularly in Hardware & IoT where it ranks 159 and in Marketing & Sales, and Software & Data. Find out more
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 70th + 1 | 8.802 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 256th - 5 | 1.849 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 285th + 35 | 1.504 | 00.00 | 00.00 | 00.00 | |
4th 0 | 466th + 25 | 0.576 | 00.00 | 00.00 | 00.00 | |
5th + 2 | 696th + 120 | 0.259 | 00.00 | 00.00 | 00.00 | |
6th - 1 | 749th - 24 | 0.226 | 00.00 | 00.00 | 00.00 | |
7th - 1 | 826th - 34 | 0.186 | 00.00 | 00.00 | 00.00 |
Within Graz there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Marketing & Sales, Software & Data. These three industries represent about 62% of the startups represented on the Startup Ecosystem Map of Graz.
Graz is Austria's 2nd best startup ecosystem and is ranked 73rd in Western Europe. With a population of 0.1M - 0.5M people, Graz is ranked 256th in the world. The city has some notable startup success stories including Nuki.
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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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