REPORT

Scaling VC Ecosystems

Venture Capital ecosystems are generally a poorly understood concept.
While startup ecosystems are mostly well defined, well-articulated and (in most places) decently developed, a lot less has been written about venture capital ecosystems. As a consequence, little exist in terms of common language, best practices and effective development interventions. While
single country cases can showcase impressive development in recent years, there is not a widely understood playbook for developing VC ecosystems holistically. In this report, we look into what a VC ecosystem is, how it is formed, who the key players are, as well as best practices in developing a VC ecosystem.