Between July 2022 and December 2024, the city's startup ecosystem generated 7.5 million dollars in economic value, marking a 48% growth over 2023.
According to Startup Genome’s Global Startup Ecosystem Report (GSER), Porto now ranks among the top 10 in Europe for cost-effectiveness, within the top 20 for accessible talent, and sits between 71st and 80th among emerging ecosystems.
According to Mayor Rui Moreira, Porto's inclusion in the Startup Genome ranking is the result of a strategy focused on both economic development and opportunity creation. The Mayor adds that this international recognition mirrors the ecosystem's transformation, making it more innovative, global, and tech-driven.