Naga City continues to solidify its position as a strong player in the Philippine startup ecosystem, advancing 48 spots in the global rankings of startup cities since its inclusion in the annual startup index in 2022.
Remaining among the top 1000 startup cities worldwide, Naga is one of only five cities in the Philippines to achieve this distinction, maintaining its fourth spot in the country after Manila, Cebu, and CDO. The city has also progressed from the 20th spot to the 19th spot in Southeast Asia. Globally, Naga has demonstrated notable improvement, rising from the 952nd to the 904th spot in the 2023 Global Rankings.
This remarkable advancement in the city’s startup rankings is primarily attributed to the City Government of Naga’s strong local governance initiative to promote technology and cultivate a culture of innovation, tied with a strong collaboration with the startup community, as well as various startup enablers from local technology business incubators (TBIs), academic institutions, private sectors, and national government agencies that support startups and innovation. These collaborative efforts have established a robust support system for aspiring startups throughout the community.
Mayor Nelson Legacion was also featured in the 2023 comprehensive startup report. In expressing his gratitude, Mayor Legacion acknowledged the significance of StartupBlink’s annual index report as a benchmark to drive Naga City’s ongoing efforts in advancing its startup ecosystem. This positive ranking underscores the growing potential of Naga City as one of Asia’s startup destinations.
The Global Startup Ecosystem Index by StartupBlink stands as the world’s most comprehensive ranking of startup ecosystems, encompassing the top 1000 cities and 100 countries. Updated annually since 2017, it serves as a vital resource for evaluating and benchmarking the performance and potential of startup ecosystems worldwide.
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(Paul John C. Legaspi, ITPO/ITO)
