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Submission: On July 05 via api from US — Scanned from DE
Submission: On July 05 via api from US — Scanned from DE
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Edit profile -------------------------------------------------------------------------------- Logout Close Menu Startup DatabaseEcosystem RankingsEcosystem OverviewAbout SomaliaContact -------------------------------------------------------------------------------- Login Close Menu Somalia Startup Ecosystem Startup DatabaseEcosystem RankingsEcosystem OverviewWhy Somalia?About SomaliaContact Initiative of Response Innovation Lab Powered by Somalia has been working towards restoring itself as a regional hub for commerce, transportation, trade and industry. The country has several opportunities resulting from the growing use of digital technologies and planned investments. EXPLORE THE STARTUP ECOSYSTEM MAP OF SOMALIA 58 Startups 9 Accelerators 2 Coworking spaces Startups Filter by type: Unicorns Exits Pantheons Filter by industry Full Text Search Add your startup Coworking spaces Full Text Search Add coworking space Accelerators Full Text Search Add your accelerator Leaders Filter by type Global LeadersRegional Leaders Full Text Search Organizations Filter by type Full Text Search Add an organization COMPARATIVE ANALYSIS OF TOP CITIES FOR STARTUPS IN SOMALIA StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Ecosystem Report. General Rankings Sorted by: 2024 National Rank and Change▲ Population: All 2024 National Rank and ChangeCity Global Rank & Change Total Score Quantity Score Quality Score Business Score 1st 0 Mogadishu, Somalia 663rd + 15 0.273 0.18 0.04 0.05 2nd 0 Hargeisa, Somalia 762nd + 80 0.204 0.08 0.09 0.04 Rows per page102550 < Page out of 1> Ecosystem Milestones 2012 Innovate Ventures started to help local youth and women-led entrepreneurs and startups in Somalia 2018 Nordic Horn of Africa Opportunities Fund, a US$10 million fund that aims to help Somali entrepreneurs launched 2021 $5 Million entrepreneurship fund allocated by Salaam Bank, Salaam Entrepreneurs Fund is established 2012 Innovate Ventures started to help local youth and women-led entrepreneurs and startups in Somalia 2018 Nordic Horn of Africa Opportunities Fund, a US$10 million fund that aims to help Somali entrepreneurs launched 2021 $5 Million entrepreneurship fund allocated by Salaam Bank, Salaam Entrepreneurs Fund is established Read more about Somalia startup ecosystem Notable Startups PointClickCare ApplyBoard Clearco Top Coworking Spaces Seaway Coworking WorkAway Offices Fractal Workspace Top Accelerators MaRS Discovery District Build2Scale Health Founder Institute Notable Organizations Kingston Economic Development Corporation Silicon Halton View complete Somalia startup ecosystem database View Somalia startup ecosystem database SOMALIA ECOSYSTEM LANDSCAPE INITIATIVES * The Ministry of Commerce and Industry of Somalia has launched the Somali Business Registration System. The new online system will significantly reduce the time required for company to register. * The government of Somalia is working on and is expected to release a friendly policy for small and medium businesses. INVESTOR LANDSCAPE * Investment firm Norfund, One Earth Future’s Shuraako initiative and Danish development finance institution IFU launched the Nordic Horn of Africa Opportunities Fund in 2018, a US $10 million fund that aims to help Somali entrepreneurs build sustainable businesses. * Innovate Ventures has provided more than US $150,000 in seed capital to more than 54 startups since 2017. Salaam Entrepreneurs Fund (SEF) is a US $5 Million entrepreneurship fund allocated by Salaam Bank in collaboration with Hormuud Telecom for Somali entrepreneurs. NOTABLE EVENTS AND COMMUNITIES * Startup Grind Mogadishu: Mogadishu chapter of the global startup community Startup Grind, organizes networking events and interactions with successful entrepreneurs. * Ambitious Somalia: A platform that connects Nordic and Somali youth in the areas of Entrepreneurship, Education and Entertainment. * Institute of Innovation, Tech, & Entrepreneurship organizes mentorship and networking events, as well as panel discussions about various topics related to entrepreneurship. Read more about Somalia startup ecosystem Interested in Somalia’s Startup Ecosystem? Leave your details below and we will get in touch with you on the benefits of relocating and/or investing in Somalia: 0/500 Submit Somalia Startup Ecosystem Startup DatabaseEcosystem RankingsEcosystem OverviewWhy Somalia?About SOMALIAContactLogin © StartupBlink 2017-2024 × NOTICE We and selected third parties use cookies or similar technologies for technical purposes and, with your consent, for other purposes as specified in the cookie policy. Use the “Accept” button or close this notice to consent. Press again to continue 0/2 Learn more Accept