The Startup Ecosystem of George Town
George Town is the top startup ecosystem in The Cayman Islands and the 2nd city in Caribbean.
CITY RANKING
George Town is a new entry in the 2024 Global Startup Ecosystem Index, having now positioned itself as 355th worldwide.
National Ranking
In Cayman Islands
Regional Ranking
In Caribbean
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
George Town Top Startup Industries
10 startups
4 startups
4 startups
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Ecosystem HealthCheck
George Town Ecosystem Health Check
The health check tables allow you to look at the performance George Town 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 George Town
Become our George Town Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in George Town2017 - 2024
Startup Funding in George Town 2017 - 2024
From 2022 to 2023, startup funding in George Town has decreased by 68.93%. During this period, the number of deals in George Town has decreased by 66.67%. Since 2017, total startup funding in George Town exceeded US$ $390.89M.
Average Funding in 2023
$10.10M
Funding in 2023
$30.30M
Deals in 2023
3
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in George Town
Global Rank
George Town is ranked within the top 400 startup ecosystems globally.
Top Industries
George Town’s startups excel particularly in Fintech where it ranks 120 and in Ecommerce & Retail, and Software & Data. Find out more
Top Cities for Startups in Cayman Islands - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st new | 355th new | 1.007 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join George Town's Startup Ecosystem?
Overview
Within George Town there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Ecommerce & Retail, Software & Data. These three industries represent about 82% of the startups represented on the Startup Ecosystem Map of George Town.
1st
National Rank
2nd
Regional Rank
Overview
George Town is The Cayman Islands' 1st best startup ecosystem and is ranked 2nd in Caribbean. With a population of <0.1M people, George Town is ranked 355th in the world. The city has some notable startup success stories including ether.fi.
ECOSYSTEM
Startup Infrastructure in George Town
Accelerators
Coworking Spaces
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 […]