Argentina: number of startups 2024, by city
Based on the more than 500 startup companies identified in Argentina, over half were located in Buenos Aires. The Argentine capital and its larger metropolitan area were home to 345 startup companies as of September 2024. Córdoba, Argentina's second most populated city, was the second favorite city to found a startup in Argentina, with 191 enterprises.
The Argentine startup ecosystem
In recent years, Argentina and Brazil concentrated over 80 percent of the startup ecosystem value in Latin America. Argentina alone accounted for 45 percent of the total. This South American nation's ecosystem was valued at 99 billion U.S. dollars that year, followed closely by Brazil, whose ecosystem's value stood at 91 billion dollars.
In 2023, Buenos Aires topped the list of best cities for startups in Argentina, registering a total score of 8.53. That year, the country’s capital and Córdoba also appeared in the ranking of top cities for startups in Latin America and the Caribbean.
Female entrepreneurship
Female entrepreneurship has been on the rise in Latin America, pushing against a male-dominated environment in the business sector. It continues to encounter, however, remarkable obstacles. Argentina’s female entrepreneurial activity rate was remarkably distant from that of other Latin American countries, like Ecuador and Colombia, where it exceeded 30 percent. By contrast, even if the entrepreneurial activity rate among women in Argentina was not particularly high, it can be said that most females started their business because it was their choice, and not out of necessity.
