2022 | StartupBlink View the Global Startup Map p. 96 13 | Estonia After last year’s decline, Estonia remains stable at 13th globally, 7th in Europe and 5th in the EU. Even with its small population, Estonia's impressive ecosystem outranks most of its Nordic neighbors (Finland, Denmark, Norway, and Iceland). Tallinn, the country’s leading ecosystem, advanced 4 spots to 62nd globally and retained its position as the highest ranked ecosystem among the Baltic states. The ecosystem continues to be strong in Marketing & Sales where it ranks 19th in the world, a mild decrease from last year. While maintaining its national rank of 336th, Tartu fell even further away from Tallinn after a drop of 91 spots. Although the number of ranked cities in Estonia remained unchanged, we have detected seed activity in other cities. If these cities show stronger results, they may join the Index next year, which will further strengthen the Estonian ecosystem. Generally, Estonia’s focus should be on improving the position of Tallinn, as it is in a highly competitive environment. In response to the results of the Index, the Deputy Mayor of Tallinn, who is responsible for innovation and Enterprise Services, Joosep Vimm, said: “Obtaining a yearly increase in StartupBlink’s rankings could be the minimum that the city targets in cooperation with the sector. One of our strengths in recent years, as highlighted in the report, has been the diversification of Tallinn’s startup ecosystem and positive development regarding business ideas, investments and the working environment.” Estonia had a stable year, with Tallin advancing in the global startup scene. National Rank and Change City Global Rank and Change Total Score Overperforming Industry 1 Tallinn 62 10.301 Marketing & Sales 2 Tartu 366 1.416 +4 –91 − − For more information about the rankings of cities, view the country dashboard on Startupblink.com. 19 2020 2021 2022 Regional Rank Startup Ecosystem Ranking Global Rank
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