Boston is home to an estimated 2,900-3,900 tech startups and continues to hold its own as a globally leading startup ecosystem. As the third highest performing startup ecosystem in the U.S., Boston draws on the ideas and people of over 50 colleges and universities, most notably Harvard University and MIT. Talking about mature startup ecosystems capable of producing competitive tech startups and disruptive innovation, Boston should come to mind.
Boston boasts of dozens of sophisticated support organizations like the celebrated accelerator MassChallenge, which has nurtured over 850 startups in multiple sectors to date. The internationally celebrated program has set up shop in four more countries. Brand new this year is MIT’s accelerator, The Engine, which recently raised an initial $150 million fund to support tech firms building solutions for big societal problems.