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Davao City

![city skyline during night time](https://images.unsplash.com/photo-1598935898639-81586f7d2129?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8NXx8dGFpcGVpJTIwY2l0eXxlbnwwfHwwfHx8MA%3D%3D&w=1000&q=80)
 
Taiwan has a history of being a nation of innovation; many of the world’s manufactured goods were produced here before China opened its doors to the global economy. With strong tech talent and some of the most rigorous intellectual protection laws in the world, Taiwan’s startup ecosystem is well positioned for success, regardless of current geopolitical tensions. 
 The country has many large and impressive tech companies, like Foxconn and Asus, giving the ecosystem a unique edge in anything hardware-related. The most strategic Taiwanese corporation is TSMC, the world's most valuable semiconductor company. TSMC is a lesson to all countries that face geopolitical challenges: When a country manages to create a company of this scale, it adds an additional layer of strategic strength and forges alliances that are critical for its future prosperity. ==read-more==
 Aligned with the historic success of Taiwan’s global companies, the country’s shift in focus toward startups is seeing positive results. Various leading government organizations, such as the [Taiwan Tech Arena](https://taiwanarena.tech/), are investing heavily in developing and promoting the country’s startup ecosystem with initiatives such as the [Employment Gold Card](https://goldcard.nat.gov.tw/en/) and the [Entrepreneur Visa](https://www.boca.gov.tw/cp-166-277-41131-2.html), both aimed at attracting foreign talent. Moreover, initiatives such as [Startup Island TAIWAN](https://www.startupislandtaiwan.info/about-us) have a great impact on creating a national brand for Taiwan’s startup ecosystem. 
 Taiwan's entrepreneurs aim for global integration of their solutions because the local market is too small for startups to focus domestically, unlike high population countries such as India and China. This gives the country an edge in building global success stories like Appier, a startup that became Taiwan’s first digital unicorn as well as its first exit after going public on the Tokyo Stock Exchange. Afterward, more startups achieved unicorn status: Gogoro, Just Kitchen, and 91App. The tech scene is strengthened by global giants such as Google and Microsoft who have opened data and research centers in Taiwan. 
 While the country implements more policies to encourage entrepreneurship, we hope to see more people forgo safe, guaranteed jobs and embrace entrepreneurism. It is also a positive sign for the appeal of the country to see leading tech figures based in Taiwan, including co-founder of Youtube Steve Chen and tech thought leader Ben Thompson from Stratechery.

Taiwan

AppWorks

BE Accelerator

Foodland Ventures

CLBC

Connect

FutureWard

Taiwan Tech Arena

Taiwan Startup Terrace

InfinityHub

yufin Philippines

Explore the Startup Ecosystem of Davao City and compare its rankings to thousands of locations across 12 industries

Ecommerce & Retail

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As the innovation hub of the Asia-Pacific region, Taiwan is renowned for its outstanding high-tech R&D capacity, highly-trained professionals, and thriving networks of entrepreneurs which enable our  startup ecosystem to achieve steady continuous growth.

Director General, Department of Academia-Industry Collaboration and Science Park Affairs

In the recent years, Moscow has become a gravity centre for the most talented people not only from Russia and Eastern Europe, but from all over the world. Such concentration of professionals affirms Moscow as one of the global “cities of the future”, world centre for the development of breakthrough technologies, particularly in IT.

The Moscow Agency of Innovations was established to create a truly favorable environment for the advancement of technology in Moscow.

2016

The Skolkovo Innovation Center and Skolkovo Foundation was signed into law with a goal to goal is to create a sustainable ecosystem of entrepreneurship and innovation.

2010

Avito, a classified ads website and now a unicorn, first went online.

2007

The Moscow Seed Fund, a VC which invests in see and pre-seed startups, was established.

2005

Yandex search engine was launched!!!!

1997

Hsinchu Science Park is built

1980

The Small and Medium Enterprise Administration (SMEA) of the Ministry of Economic Affairs begins implementing incubation policy

Taiwan entrepreneur visa program is established

2015

Gold Card program and Taiwan Tech Arena is established

2018

Taiwan’s Gogora and Appier are recognised as unicorns

2019

Appier becomes the first Taiwanese startup to exit at a USD 1b+ valuation

2021

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Startup Ecosystem Overview of Davao City | StartupBlink | StartupBlink

2023 National Rank and Change	City	Global Rank & Change	Total Score	Quantity Score	Quality Score	Business Score
1st⁰	Taipei City, Taiwan	46th⁺¹	14.208	2.16	8.59	3.46
2nd⁰	Hsinchu, Taiwan	143rd⁺⁵³	4.628	0.03	1.78	2.81
3rd⁰	Taoyuan City, Taiwan	341st⁺⁹⁹	1.062	0.04	0.38	0.64
4th⁰	Tainan City, Taiwan	446th⁺¹⁴⁰	0.668	0.02	0.24	0.41
5th⁰	Taichung City, Taiwan	532nd⁺⁸²	0.441	0.04	0.13	0.27
6th⁰	Kaohsiung City, Taiwan	602nd⁺¹²⁴	0.352	0.04	0.10	0.21

Davao City Startup Ecosystem Comparative Analysis

Comparative Analysis of Top Cities for Startups in Taiwan