GEN South Africa worked in concert with Startup Genome to showcase South Africa’s entrepreneurial ecosystem in the #GSER2022 –

+ Johannesburg and Cape Town are in the top 5 African regional top performers

+ Cape Town’s sub sector strengths are Fintech and Edtech with an ecosystem value of $2.8bn

+ Johannesburg’s sub sector strength is FinTech with an ecosystem value of $962m

+ Cape Town’s total early-stage funding is $204m while Johannesburg’s total early-stage value is $77m

The GSER is created in partnership with the Global Entrepreneurship Network, Dealroom and Crunchbase. The 2022 Edition provides insights and guidance to public and private leaders on how to foster thriving startup communities — the #1 engine of job creation and economic growth. Discover how

140 entrepreneurial ecosystems across the world stack up and view the full report here:

ABOUT GEN SOUTH AFRICA

GEN South Africa is an initiative by GEN Global called the ‘GEN Campus’ to create scalable startup villages where entrepreneurs can connect, collaborate, and share knowledge and networks in ecosystems where talent is plentiful, but opportunity is not. Healthy entrepreneurial ecosystems benefit from new and young firm density within a given geographic area – making it easy for entrepreneurs to connect with each other and access the resources they need. While the global startup revolution has been accompanied by the emergence of plentiful shared office spaces, GEN Campus develops physical locations in an array of ecosystems facing barriers to entry, addressing a lack of a centralized location for ecosystem leaders and startups. Over time, GEN Campuses will also offer each other connectivity across national borders, serving as regional hubs for GEN activities and operations.

The GEN Campus initiative was launched in 2017 with the opening of 22 On Sloane, the largest startup campus in Africa. The campus offers startups and innovative SMEs a complete turnkey solution to scale, from the initial idea to commercialisation, funding opportunities and access to markets. Its aim is to nurture the entrepreneurial mindset, ensure their sustainability, and explore development of new industries and contribute towards job creation in Africa. Furthermore, 22 ON SLOANE is part of the Global Entrepreneurship Network (GEN) which operates a platform of projects and programs in 180+ countries aimed at making it easier for anyone, anywhere to start and scale a business. GEN is in 43 African countries on the continent and 22 ON SLOANE serves as its headquarters and leads its activities on the continent.

ABOUT STARTUP GENOME

Startup Genome is the world-leading policy advisory and research organization for public and private organizations committed to accelerating the success of their startup ecosystem. We have advised more than 125 clients across six continents in 45+ countries to date. Working side-by-side with 300 partner organizations, our frameworks and methodologies have become instrumental to define and execute robust policies and programs that drive lasting change. Many of the world’s leading governments and innovation-focused organizations have joined our knowledge network to cut through the complexities of startup ecosystem development and fuel sustained economic growth. Follow our work at startupgenome.com, and follow us on LinkedIn and Twitter.

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