STARTUPS by Canton & Sectors - Zurich leading the way
07.09.2017
For several years, startups from Lausanne were leading the TOP 100 Swiss Startup Award’s ranking. This year, Ava - a Zurich based company is the winner.
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STARTUPS BY SECTOR - New Blood for Export Champion
The pharmaceutical industry is Switzerland’s biggest exporter. It accounts for more than a third of all Swiss exports, more than any other sector. That’s why the question is sometimes asked whether Switzerland may be too reliant on it. But looking at the TOP 100, no one should be worried about the future of the industry. Almost a quarter of the TOP 100 startups operate in the biotech field. Most of these develop new drugs, which is a very lengthy, risky and capital-intensive endeavour. The common stereotype – that the Swiss do not like taking risks – is therefore not supported by the TOP 100.
A total of 43 Zurich based startups made it into the TOP 100. Also, Zurich’s startups are leading in all sectors and are represented in various industries.
Read the full magazine in German (psst! English magazine will follow soon) // TEXT: Journalistenbüro Niedermann