Romania has 2 Entries in Europe's Leading 125 Startup Hubs
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Romania's startup scene continues to gain traction, with two accelerators – InnovX and Techcelerator – making a strong showing in the Financial Times' ranking of Europe's top 125 startup hubs. Evaluated alongside accelerators from 19 countries, both Romanian hubs secured positions within the first half of the rankings. InnovX placed particularly high at #11, while Techcelerator followed at #51. This recognition highlights the growing importance of Romania's startup ecosystem and its ability to foster innovation. Europe’s Leading Start-Up Hubs 2024 is a ranking of the top centres for founders offering incubator and/or accelerator programmes to people who want to build or grow a company. Requiring at least one physical location in Europe, we call these centres for founders start-up hubs. In total, 125 such hubs are recognised in this inaugural ranking. The Financial Times cooperated with Statista R, a subsidiary of the international data and research company Statista as well as Sifted, a leading media brand for the European startup community. To identify the leading hubs, a registration and survey process was conducted. Several elements were considered for the evaluation, with the main criterion being the assessment of the respective start-up hub by alumni who participated in at least one incubator or accelerator programme run by the respective hub. In addition, the recommendations of external experts, such as investors (business angels, representatives of venture capital firms), entrepreneurs and academics were included. On top of that, the most successful startups coming out of a hub were examined. See the full ranking here: https://rankings.ft.com/incubator-accelerator-programmes-europe/c/ranking
 
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