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Number of Italian startups rises 120% to 2,700 - study

Thursday 30 October 2014 | 15:45 CET | News
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A total of 2,716 startups have been set up in Italy in 2014, more than double last year`s figure of 1,227, according to a report from the ministry for economic development (MiSE) and the School of Management at the Milan Polytechnic. The report found that the number of startups that received business angel funding increased by 74 percent, from 113 in 2013 to 197 in 2014, while public investment in the startup ecosystem rose by 15 percent to EUR 129 million. In addition, the report indicated that well over half of startups (57 percent) were registered in northern Italy, followed by 21 percent

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Categories: Internet
Countries: Italy
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