The Startup Ecosystem of Benin City
Benin City has 8 startups in our sample database. This represents about 1% of Nigeria’s startups. Benin City is the 9th best startup ecosystem in Nigeria.
CITY RANKING
Benin City is a new entry in the 2024 Global Startup Ecosystem Index, having now positioned itself as 1244th worldwide.
National Ranking
In Nigeria
Regional Ranking
In Western Africa
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Benin City Top Startup Industries
Ecosystem HealthCheck
Benin City Ecosystem Health Check
The health check tables allow you to look at the performance Benin City 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...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Benin City
Become our Benin City Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Benin City2017 - 2024
Startup Funding in Benin City 2017 - 2024
From 2022 to 2023, startup funding in Benin City has decreased by 82.24%. During this period, the number of deals in Benin City has increased by 200%. Since 2017, total startup funding in Benin City exceeded US$ $560.17K.
Average Funding in 2023
$17.76K
Funding in 2023
$53.27K
Deals in 2023
3
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Benin City
Global Rank
Benin City is ranked below the top 1000 startup ecosystems globally.
Top Industries
Benin City’s startups excel particularly in Software & Data and in Hardware & IoT, and Healthtech. Find out more
Top Cities for Startups in Nigeria - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 70th + 12 | 9.786 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 447th + 140 | 0.630 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 456th + 175 | 0.607 | 00.00 | 00.00 | 00.00 | |
4th 0 | 697th + 144 | 0.249 | 00.00 | 00.00 | 00.00 | |
5th 0 | 768th + 193 | 0.203 | 00.00 | 00.00 | 00.00 | |
6th new | 867th new | 0.159 | 00.00 | 00.00 | 00.00 | |
7th new | 1107th new | 0.085 | 00.00 | 00.00 | 00.00 | |
8th new | 1211th new | 0.063 | 00.00 | 00.00 | 00.00 | |
9th new | 1244th new | 0.057 | 00.00 | 00.00 | 00.00 | |
10th new | 1247th new | 0.056 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Benin City's Startup Ecosystem?
Overview
9th
National Rank
16th
Regional Rank
Overview
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
Wed Apr 02 2025
Corporate Startup Activity Index 2025
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]