INSUBCONTINENT EXCLUSIVE:
138 to 147 startups, representing about 4% of all Brazilian startups
startup in the country at $1,065,613.This is a stark contrast to Recife, where the average is $280,701 per startup
e-commerce, fintech, health tech, and digital marketing
(Photo Internet reproduction)Recife, ranked tenth nationally, has a smaller but growing ecosystem with 38 to 119 startups
remain challenges.Brazil accounts for nearly half of all startup investment in Latin America, with 33,489 active startups reported in 2023
has reduced fraud detection costs by 30%
Government initiatives and tax incentives continue to support young entrepreneurs, especially in AI and tech.These developments matter
because they show how local ecosystems, when supported by education, infrastructure, and targeted policy, can drive economic growth and
that smaller cities can become significant players in the global tech economy.
