The heart of tech

This article was published on November 22, 2010


    Kazakhstan beats India and China in startup awards

    Kazakhstan beats India and China in startup awards
    Fraser Smith
    Story by

    Fraser Smith

    Fraser Smith is an IT consultant based in Shanghai, China. He has over 15 years experience in the media industry working with many major ne Fraser Smith is an IT consultant based in Shanghai, China. He has over 15 years experience in the media industry working with many major news publishers. He is also co-owner and editor of edexpat.com the educational resource for international families, teachers and schools. You can contact Fraser via Twitter by following @FrasSmith.

    Last week, Red Herring announced the winners of their “Red Herring 100 Asia” awards for the top one hundred tech. start-ups in the region. The distribution of awards by country held little in the way of surprises with India and China sharing the top two spots with just over 50% of the honoured companies coming from those two nations.

    We thought, however, that it would be interesting to correlate the number of winning companies against the population of their home countries so see which countries are producing the most successful start-ups per head of population.  The following, decidedly unscientific, table, based on the results shows a completely different picture.

    RankCountryNumber of WinnersPop. (Millions)Winners/Million
    1Singapore104.82.083
    2Hong Kong56.70.746
    3New Zealand24.30.465
    4Australia221.40.093
    5Taiwan2230.087
    6Korea448.60.082
    7Malaysia2270.074
    8Japan91280.070
    9Kazakhstan116.60.060
    10India351,139.90.032
    11Thailand267.30.030
    12Vietnam286.20.023
    13China161,324.60.012
    14Philippines190.30.011
    15Bangladesh11600.006
    16Indonesia12270.004

    It’s notable that the acknowledged tech. hotspots in the region, Singapore and Hong Kong, hold the top two places with Singapore a clear winner having almost three times the number of winning startups per million population (according to the awards) than it’s nearest rival Hong Kong.

    And who would have thought that even Kazakhstan would best the mighty combination of India and China?