Accelerating Startups in Emerging Markets
Despite numerous difficulties in running a startup in emerging market countries, accelerated ventures can often grow at rates similar to their counterparts in developed states like the United States and Canada. This report - produced by the
Global Accelerator Learning Initiative (GALI) together with
Deloitte - compares acceleration in emerging markets versus high-income countries. Examining data from more than 2,400 early stage ventures, it finds that the average effects of acceleration on equity and debt raised, were nearly identical in high-income countries and emerging markets, and emerging market ventures were just as likely to report rapid growth.
https://www.galidata.org/assets/report/pdf/Accelerating Startups in Emerging Markets.pdf
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