Home to 82% of Sri Lankaâs startups, Colombo boasts a vibrant startup ecosystem that is ranked 357 in the world.
In 2022, the startup scene of Colombo shows much promise after advancing in the Global Ecosystem Index by 17 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Colombo is ranked within the top 400 startup ecosystems globally.
Colomboâs startups excel particularly in Education where it ranks 175 and in Fintech, and Marketing & Sales. Find out more
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 357th + 17 | 1.474 | 0.43 | 0.13 | 0.91 |
On our map, you can explore a total of 28 startups for Education.
In South Asia, Colombo's Fintech is in top 191. Colombo has a concentration of about 0% of the country's total Fintech startups that are represented on our map.
Marketing & Sales is ranked 198th in the world. Our database contains 5 startups for this industry.
Within Colombo there is an increased attraction for entrepreneurs to set up their startups in industries such as Education, Fintech, Marketing & Sales. These three industries represent about 66% of the startups represented on the Startup Ecosystem Map of Colombo.
Colombo is Sri Lanka's 1st best startup ecosystem and is ranked 14th in South Asia. With a population of 0.5M - 1M people, Colombo is ranked th in the world. The city boasts some notable startup success stories including PickMe.
If you are a startup ecosystem developer in Colombo, you can grow your startup economy by becoming a partner.
Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlinkâs Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, [âŠ]
Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide. StartupBlinkâs GSEI is based on an elaborate algorithm [âŠ]
What is Absolute Power? Generally, StartupBlinkâs GSEI scoring algorithm calibrates the countriesâ total score to their population size to check the startup outputs of countries per capita.  The âAbsolute Powerâ algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [âŠ]