Tag: BizWorld

education
Leane Pottas

12 Essential Entrepreneurial Skills for Students and How to Teach Them

Students can ask AI for an answer in seconds. But can they decide whether it is the right answer? Can they recognise a problem nobody has pointed out, understand the person experiencing that problem and decide what to try next to fix it? Those are not simply business skills. They are entrepreneurial life skills, and they matter far beyond starting a company. AI can help students research, organise ideas and explore possibilities, but if they’ve never had the opportunity to practice and develop underlying durable skills, AI won’t save them. UNESCO’s AI Competency Framework for Students emphasises a human-centered mindset and ethics alongside technical knowledge. The OECD Future of Education and Skills project also highlights student agency and capabilities such as creativity, empathy, adaptability and resilience. Entrepreneurship education gives students a place to practice those future-ready skills through real decision making, teamwork and hands on learning. 12 Entrepreneurial Life Skills That Every Student Needs 1. Independent Thinking Where students learn to question information, examine assumptions and reach their own conclusions.Classroom idea: Have your students pair up, compare two possible answers to a hypothetical question and defend one side using research-based evidence and critical thinking. 2. Problem Recognition and Empathy Before students solve a problem, they need to understand the person experiencing it. Classroom idea: Interview a classmate about one school frustration they’ve been having without immediately suggesting a solution. 3. Creativity and Innovation Creativity helps students imagine possibilities, while innovation turns useful ideas into action. Classroom idea: Choose an everyday object and generate five ideas for improvements to that object, that would benefit one specific customer. 4. Critical Thinking and Decision-Making Entrepreneurship teaches students to compare options and accept tradeoffs. Classroom idea: Present two product choices with different costs and ask teams to explain their decision as to which product they would theoretically buy. 5. Communication and Pitching Students learn to explain an idea clearly for a particular audience. Classroom idea: Deliver a 30-60 second pitch covering a problem, solution and reason it matters. 6. Teamwork and Leadership Shared company roles allow different strengths to matter. Leadership becomes less about having the loudest voice and more about helping the team move forward. Classroom idea: During a group project, assign each student a specific role, set a 20-minute timer and have them rotate roles throughout the project. 7. Financial Literacy Costs, pricing, revenue and profit become meaningful when they affect a venture students care about. Classroom idea: Price a simple product, discuss what it might cost to make that product, and calculate the possible profit. 8. Marketing and Customer Understanding Marketing starts with knowing who needs what solution and what value they assign to that solution.Classroom idea: Create two ads for the same product, each aimed at a different customer, solving a different problem, at a different price point. 9. Prototyping and Experimentation A first version does not need to be perfect. It must simply help you to learn and progress forwards. Classroom idea: Create a paper prototype for a new design of a paper airplane, gather feedback and revise it. Explore BizWorld’s guide to prototyping. 10. Adaptability and Resilience Setbacks become information students can use. Classroom idea: Introduce a ”budget cut” halfway through a project and ask teams to adjust their plans. 11. Ethics and Responsibility Students learn to consider how business decisions affect other people. Classroom idea: Discuss whether a persuasive advertisement can make a claim that is technically true but intentionally misleading. 12. Self-Belief and Initiative Students need confidence to share an unfinished idea and take the first step. Classroom idea: Choose one useful action to complete before the next lesson, despite not being 100% ready to share that idea. Read why self-belief is an essential entrepreneurship skill. Turning Knowledge Into Action Educators do not need to turn every student into a startup founder. A classroom company, design challenge or pop-up market can connect math, writing and STEAM to one shared goal, without making it all about becoming an entrepreneur or business owner. That is the power of hands-on entrepreneurship education. It’s valuable in all careers and directions that students might choose for their lives. Entrepreneurship education helps young people move from “What is the answer?” to “What can I do with what I know?” Ready to bring these real-world skills into your classroom? Explore BizWorld’s programs and curriculum now.

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Draper Innovation Index News
David Solis

Draper Innovation Index US August 2026

BizWorld Updates Monthly Draper Innovation Index U.S.States Compete to Land in Top Ten of Best Places to Launch a Startup North Carolina and Colorado Overtake Georgia in DII US Top 10California Resumes Decline to 34th; New York Remains Steady at 47thAlaska, Idaho, and North Dakota Climb in DII US Top 20Nevada, Michigan, Virginia, Indiana, and Washington Sink in DII US Top 20South Carolina, Illinois, Massachusetts and Missouri GainMontana, Ohio, Georgia, and Nebraska Decline San Mateo, California – BizWorld announces the August 2026 update to the Draper Innovation Index U.S. (DII US), which evaluates each state’s innovation environment and entrepreneurship climate. Published monthly since 2021, the DII US provides the most well-rounded, up-to-date ranking of entrepreneurial locations, reflecting both traditional and emerging economic metrics, from taxes and regulations to venture capital investment, cryptocurrency friendliness, and blockchain investment trends. “With economic powerhouses like California (34th), Washington (19th), and New York (47th) continuing to decline, it signals a stark warning for legacy innovation hubs, proving that sheer market size cannot offset a punishing environment for brand-new ventures,” said BizWorld Founder Tim Draper. “Founders are prioritizing cost-efficiency and regulatory ease over legacy startup hubs. High living costs and heavy administrative friction in these large states are steadily funneling founders, talent, and capital toward faster-growing, more friendly innovation and investment ecosystems. Without structural relief for founders and investors, these states risk continuing loss of competitive edge to more agile markets.” Top Takeaways from the DII US August 2026 Update Key Risers: Alaska, South Carolina, Illinois, Massachusetts, MissouriKey Fallers: California, Montana, Ohio, Georgia, Michigan, Nebraska, Nevada, Virginia “Alaska delivered the single biggest jump on the DII US this month, leaping six spots straight to 13th place overall, a clear signal that the state is turning its unique economic landscape into a serious competitive advantage,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “The Alaska Permanent Fund, which is a sovereign wealth fund from oil and mining revenues, is a quintessentially Alaskan innovation that other states could learn from. Driven by a strong surge in new business filings, steady resource revenues, and high levels of federal defense spending, Alaska proves that major innovation hubs don’t just belong in traditional coastal metros. As this underlying industrial strength blends with rising entrepreneurial activity, Alaska is rapidly positioning itself as a compelling destination for tech founders and investors.” The DII US will continue to post monthly updates which can be accessed here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to equip future generations with entrepreneurial life skills to unlock their potential and create economic opportunity. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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Draper Innovation Index News
David Solis

Draper Innovation Index Global August 2026

BizWorld Updates Monthly Draper Innovation Index GlobalNations Compete to Land in Top Ten of Best Places Globallyto Launch a Startup Spain, Italy, Belgium, France, and Germany Fall in the DII GlobalDue to U.S. State Department Travel AdvisoriesUruguay Sees Large Gains due to AI & Machine Learning VC GrowthAustralia Overtakes Denmark in DII Global Top 10Iceland, Canada, South Korea, Estonia, and Japan Rise in DII Global Top 20Chile Breaks into the DII Global Top 20, New Zealand FallsChina, Russia, and India All Register DeclinesIsle of Man, Saint Helena, and Kuwait See Largest GainsGhana and Lesotho See Largest Declines San Mateo, California – BizWorld announces its August 2026 update to the Draper Innovation Index Global (DII Global), which evaluates each nation’s ability to develop, support, and retain entrepreneurs, innovators, startups, and investors. First published in 2021, the DII Global provides the most well-rounded and up-to-date look at entrepreneurial environments across the globe. “Spain fell 12 places this month,” said BizWorld Founder Tim Draper. “Belgium, Italy, France, and Germany also fell sharply, in all five cases due primarily to negative U.S. State Department travel advisory ratings. The sharp drop across Western European powerhouses is a clear warning sign. Perceptions of safety alongside heavy administrative red tape create real headwinds for entrepreneurship. Spain in particular faces extremely high levels of red tape at both the state and local levels, which drag economic growth, innovation, and investment. According to Spanish economist Juan S. Mora-Sanguinetti, Spain implemented 11,775 new regulations in 2022 alone, which works out to one every 45 minutes.” Top Takeaways from the DII Global August 2026 Update Key Risers: Uruguay, Isle of Man, Saint Helena, Kuwait, Estonia, Japan, ChileKey Fallers: Spain, Italy, Belgium, France, Germany, Ghana, Lesotho “Uruguay’s impressive eight-spot jump shows what happens when a nation actively fosters cutting-edge tech investment,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “By aggressively attracting venture capital into AI and machine learning, Uruguay is proving that smaller nations can punch far above their weight in global entrepreneurship, swiftly reshaping their economic landscape and cementing their position as an emerging innovation hub in Latin America.” The DII Global will release monthly updates to continually reflect the latest developments in global innovation and entrepreneurship, available here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to enable youth from all backgrounds to unlock the power of entrepreneurship to create career opportunities, inspire self-reliance, and build confidence that drives economic prosperity globally. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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News & PR
Leane Pottas

One Mission, Many Countries: BizWorld’s Global Impact

“They come up with answers that adults would never think of.” – Wakana Fukuda, BizWorld Japan Across the world, young people are learning to solve problems, make decisions and recognise the value of their ideas through BizWorld. Local partners bring the programs to life in ways that fit their communities, education systems and cultures. That network includes partners in: Meet BizWorld’s International Partners BizWorld’s growing international network includes partners in: TThrough its programs and international network, BizWorld has reached more than 900,000 young people across over 100 countries. That global connection came to life during the 2026 BizWorld Summer Camp. Students from Japan and Taiwan joined young people from the San Francisco Bay Area for four days of hands-on entrepreneurship. They started companies together, shared ideas and worked through disagreements despite arriving from different countries and cultures. International Impact in Action Japan BizWorld Japan has welcomed approximately 3,000 students from 40 schools and programs, from elementary school through university. One middle school student had been struggling with school attendance. During BizWorld, she took responsibility for finance and found that learning could feel enjoyable again. She later began attending high school regularly while pursuing her dream of becoming a certified public accountant. A meaningful role gave her a new sense of purpose and helped her see a future worth working towards. Taiwan Hohoka has recorded more than 10,000 student participations through its entrepreneurship and financial literacy education. It officially became a BizWorld partner in 2026 and brought several Taiwanese students to the international summer camp. One 11-year-old participant worried that his team’s product was priced too high. The team went on to earn the highest profit. He discovered that pricing depends on value and strategy, rather than simply offering the lowest price. Hong Kong During the 2025-2026 academic year, 113 students completed BizWorld, BizWiz or BizMovie in Hong Kong. At the Independent Schools Foundation, weekly after-school classes give students space to develop ideas, make business decisions and practise pitching. BizMovie now uses LEGO bricks for stop-motion films, allowing students to continue creating at home using an iPad app. “While there are many entrepreneurship programs in Hong Kong, none match the sophistication of BizWorld.” – Kara, BizWorld Hong Kong Students stay with an idea long enough to understand how money, communication and teamwork shape a business. New Opportunities in Nigeria and Vietnam MYLI Africa’s work in youth empowerment revealed the importance of introducing entrepreneurship earlier. Through BizWorld Nigeria, the team plans to bring business skills into the classroom alongside traditional academic subjects. Educators are central to the vision. By developing their own entrepreneurial mindset, teachers can help young people recognise more possibilities for their futures. “BizWorld matters because it helps young people move from simply learning about the world around them to developing the confidence, creativity and entrepreneurial mindset to actively shape it.” – Lola and Efosa, BizWorld Nigeria BizWorld Vietnam is also preparing for its first program, with an initial goal of at least 10 students. Early interest includes a mother who plans to participate with her son so they can learn and develop ideas together. Local Knowledge, Shared Purpose Every country has its own classrooms, schedules and priorities. BizWorld partners receive training, licensing and implementation guidance, while materials can be translated and adapted to local standards. The core learning experience remains consistent, but each partner has room to make it meaningful for its students. Bring BizWorld to Your Country Every new partnership equips more educators with practical resources and gives more young people the chance to take their ideas seriously. Explore the ways you can partner with BizWorld or apply to become a BizWorld International Partner.national Partner here, and bring hands-on entrepreneurship education to young people in your region.

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News & PR
Leane Pottas

Meet the YES! Summer 2026 Demo Day Finalists

Ten weeks led to one big moment: Pitch Day. The BizWorld Young Entrepreneur Success Program, better known as YES!, is a 10-week remote Business Accelerator for young entrepreneurs ages 16–22 with an innovative idea or early-stage venture. Throughout the program, participants attend weekly workshops, receive one-on-one mentorship, and learn from experienced entrepreneurs and industry professionals. They use those ten weeks to strengthen their business plans, understand their customers, test their ideas, and prepare to present their ventures with confidence. These 10 weeks culminate into one exciting contest for a chance at $30,000; pitch day! How Does YES! Pitch Day Work? At the end of the 10-week program, every team presents its venture to a panel of judges at Pitch Day. Pitch Day is not where the $30,000 of seed funding is awarded, it is the first stage of the selection process. The judges review each team’s venture, business plan, and pitch, before selecting the strongest teams to advance as finalists, to go to the annual YES! Global Demo Day. At Demo Day, the finalists pitch again for the opportunity to receive up to $30,000 in seed funding to help take their ventures forward. For the YES! Summer 2026 Cohort, ten teams stepped forward to present their work, and only two would be selected to advance! Judge Feras Alhlou shared how difficult that decision was: “All of the teams were prepared, thoughtful, and delivered exceptionally well.” Meet the Summer 2026 Finalists (…drum roll please!) Impactfully This change making start-up Impactfully, is an eight-week online mentorship program that helps high school students, as well as selected younger students who demonstrate readiness, identify a meaningful problem in their communities, develop and test a practical solution, and launch an authentic passion project. Through a guided curriculum, weekly accountability, templates, feedback, optional one-on-one guidance, and progress updates for parents, Impactfully gives students the structure to turn something they care about into meaningful action. Impactfully is led by Founder and CEO Emilio Saenz, alongside App Developer Mateo Saenz. GameChanger Founded by Cheren Song, Dominic Ye, Jonathan Ye, and Ifelade Adeleye, GameChanger is a patent-pending modular adaptive controller and companion app created to make gaming more accessible for people with limited hand dexterity, including those living with Parkinson’s, arthritis, or tremors. Its ergonomic, PC-compatible controller uses large, low-force, interchangeable buttons that reduce strain and movement. Through the companion app, users can personalize button functions and joystick sensitivity to create an experience that better suits their individual needs. Congratulations to both teams. We cannot wait to see them take the next step at YES! Global Demo Day, in spring 2027. One More Demo Day Spot Is Still Open For the remaining Summer Cohort entrepreneurs, Pitch Day was not the end. The YES! Wildcard vote will open soon, giving the public the opportunity to directly help one additional company to join Impactfully and GameChanger at Demo Day, to pitch for up to $30,000 in seed funding. Learn more about the BizWorld YES! Program.

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News & PR
Leane Pottas

BizWorld Summer Camp 2026: Four Days of Entrepreneurship, Durable Life Skills and Cross-Cultural Collaboration

What can happen when young people are given four days to make real decisions, solve problems together and take responsibility for something of their own? At the 2026 BizWorld Summer Camp in Redwood City, California, rising fifth through seventh graders were placed into teams and challenged to take a company from its earliest idea all the way to selling a product to real customers. Over four days, they had to decide who would lead, how they would spend their money, how they would market what they created and what to do when things did not go according to plan. For many of the students, it was also their first time working with the people sitting beside them. One student arrived unsure of what to expect and spent part of the first morning joking around with his tablemates. Within a day, he was focused on the goal his company had set. By the end of camp, he had emerged as a clear leader within his team. His change was one example of what began happening across the room as students were given more responsibility. Entrepreneurship provides the framework for BizWorld, but the experience reaches beyond learning how a business works. Students are also practicing durable life skills such as communication, collaboration, leadership, resilience, financial literacy and problem-solving – skills they can use whether they eventually start a company, work for one or follow an entirely different path. Four Days From an Idea to a Company Held from July 27 through 30 at the Sobrato Center for Nonprofits, the 2026 BizWorld Summer Camp brought together students from across the Bay Area, young people connected to local nonprofit partner Levantar, and participants from BizWorld Japan and BizWorld Taiwan. Over the four-day camp, students experienced the BizWorld+ entrepreneurial cycle from beginning to end. They considered their individual strengths, applied for company roles and formed teams. From there, they developed products, managed budgets, raised funding, created marketing campaigns and prepared to sell their products. What began as a room filled largely with students who did not know one another became seven student-run companies working toward shared goals. Wendy Tibbs, who observed the camp throughout the week, saw students become increasingly confident in their roles and more aware of what their teams needed from them. But the growth during the week was not only something that could be observed. It could also be measured. From 53% to 75% in Four Days Before the BizWorld Summer Camp began, students completed an assessment covering basic business and financial concepts. They completed another assessment after finishing the four-day experience. Among the 36 campers who completed both assessments, the average score increased from 53% before camp to 75% afterward. Put simply, students entered the program answering approximately half of the business questions correctly. Four days later, they were answering roughly three out of every four correctly. The strongest improvement came in students’ understanding of profit. But what made that learning particularly meaningful was that students had not simply been given a definition to remember. Throughout the week, they had raised funding, spent money, generated revenue and made financial decisions for their own companies. They could see firsthand that having money available does not necessarily mean a business has made money. They were learning to think about what comes in, what goes out and what remains. It is a business lesson, but also a practical financial literacy skill that connects directly to everyday decisions around income, expenses and saving. At one point during the camp, two students began debating whether their company should take a bank loan or raise additional funding by giving an investor more ownership in the business. That conversation mattered because they were no longer simply repeating financial vocabulary. They were considering the consequences of a financial decision. Learning to Make Decisions Together Those decisions were rarely made alone. Students had to listen to one another, explain their ideas, disagree, compromise and continue working toward a shared goal. And because the 2026 BizWorld Summer Camp brought together students from different communities and countries, some teams were also learning how to collaborate across cultures. Students from Japan and Taiwan worked alongside local Bay Area campers inside the same companies, while international educators also participated in the experience. Wendy noted how naturally the visiting students became part of their teams, and one parent commented during the final ceremony on how well students from different backgrounds had worked together. It was another reminder that collaboration is not simply about working with people who think or communicate exactly as we do. It is learning how to move forward together when they do not. What Four Days Can Change By the end of the BizWorld Summer Camp, students had done much more than create products and complete a business cycle. They had practiced making financial decisions with consequences. They had presented ideas and listened to others. They had solved problems when their companies needed to change direction. Some had discovered that they were capable of leading. Others had learned when to listen, adapt or step forward. And the assessment results showed that, alongside those experiences, students had also developed a significantly stronger understanding of the business and financial concepts they had been practicing. The companies themselves lasted only four days. The leadership, communication, collaboration, financial literacy, resilience and problem-solving skills students practiced while running them can support them for much longer. Experiences like the BizWorld Summer Camp are made possible not only by the students and educators in the room, but also by the volunteers and supporters who choose to be part of them. If you would like to support a future BizWorld experience, join our volunteer list to hear about upcoming opportunities. And to hear more about the week from inside the camp, watch BizWorld CEO Charlene Vaca reflect on the 2026 Summer Camp, what stood out to her and why experiences like this matter for young people.

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Draper Innovation Index News
David Solis

Draper Innovation Index US July 2026

BizWorld Updates Monthly Draper Innovation Index U.S.States Compete to Land in Top Ten of Best Places to Launch a Startup Georgia Pulls Ahead of North Carolina and Colorado in DII US Top 10California Stalls and Massachusetts FallsMichigan Pulls Ahead of VirginiaNorth Dakota Leapfrogs Indiana and WashingtonMontana Breaks into DII US Top 20, Wisconsin Falls OutMontana, Nebraska, North Dakota Post Largest GainsSouth Carolina, Wisconsin, Minnesota, Oklahoma, and Rhode Island Post Largest Declines San Mateo, California – BizWorld announces the July 2026 update to the Draper Innovation Index U.S. (DII US), which evaluates each state’s innovation environment and entrepreneurship climate. Published monthly since 2021, the DII US provides the most well-rounded, up-to-date ranking of entrepreneurial locations, reflecting both traditional and emerging economic metrics, from taxes and regulations to venture capital investment, cryptocurrency friendliness, and blockchain investment trends. “What the DII US proves month after month is that capital and talent don’t care about legacy reputations anymore,” said BizWorld Founder Tim Draper. “As America celebrates its 250th year, the spirit of domestic competition is more alive than ever, and that’s a great thing. Look at Montana and Nebraska climbing the ladder, or Georgia aggressively stepping up its game—they are proving that the next Silicon Valley can be built anywhere lawmakers choose to trust the builders and get out of the way. If a state makes it easy to form a business and embraces emerging tech like crypto, entrepreneurs will flock there, while traditional heavyweights that choose to over-regulate are stalling out and watching the next generation of innovation happen somewhere else. Top Takeaways from the DII US July 2026 Update Key Risers: Georgia, Montana, Nebraska, North DakotaKey Fallers: South Carolina, Wisconsin, Minnesota, Oklahoma, Rhode Island, North Carolina, Colorado “Our metrics this month show that new business formation remains the ultimate buffer against broader macroeconomic headwinds,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “Even as venture capital growth experiences localized volatility—particularly within the crypto and blockchain sectors—the states maintaining top-tier status are those that have successfully streamlined the regulatory friction required to launch a new startup.“ The DII US will continue to post monthly updates which can be accessed here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to equip future generations with entrepreneurial life skills to unlock their potential and create economic opportunity. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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Draper Innovation Index News
David Solis

Draper Innovation Index Global July 2026

BizWorld Updates Monthly Draper Innovation Index GlobalNations Compete to Land in Top Ten of Best Places Globallyto Launch a Startup Following Major Volatility in Recent Months, DII Global Top 10 StabilizesIreland Breaks into Top 10, New Zealand Falls OutIceland Overtakes Norway in DII Global Top 20China and Russia DropTaiwan, Liechtenstein, and Macau See Largest GainsKosovo, Belize, and Qatar Register Largest Declines San Mateo, California – BizWorld announces its July 2026 update to the Draper Innovation Index Global (DII Global), which evaluates each nation’s ability to develop, support, and retain entrepreneurs, innovators, startups, and investors. First published in 2021, the DII Global provides the most well-rounded and up-to-date look at entrepreneurial environments across the globe. In an effort to continually use the most up-to-date information, the July 2026 DII Global includes an update to Transparency International’s Corruption Perception Index. “Taiwan, a country that has punched above its weight class for decades, had this month’s biggest improvement,” said BizWorld Founder Tim Draper. “Improved performance on Transparency International’s Corruption Perception Index was the major reason why. Few things make a country less attractive to entrepreneurs and investors than the perception that corruption runs deep in that country’s economic and political life. On the flipside, perceptions of transparency and stability serve as a magnet for entrepreneurs, investors and talent. As the world’s biggest microchip manufacturer, Taiwan could see further sustained advances up the DII ranks during the ongoing AI boom.” Top Takeaways from the DII Global July 2026 Update Key Risers: Taiwan, Liechtenstein, Ireland, Macau, IcelandKey Fallers: China, Russia, Kosovo, Belize, Qatar, New Zealand, Norway “As it celebrated its 250th Independence Day on July 4, 2026, the United States remains in first place on the DII Global rankings,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “The United States has a long, rich history of entrepreneurship, from countless small business owners to household names such as Thomas Edison, Walt Disney, Steve Jobs, and Elon Musk. As China and Russia continue to decline in the DII Global, the U.S.’s long history of innovation and entrepreneurship is still being added to every day.” The DII Global will release monthly updates to continually reflect the latest developments in global innovation and entrepreneurship, available here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to enable youth from all backgrounds to unlock the power of entrepreneurship to create career opportunities, inspire self-reliance, and build confidence that drives economic prosperity globally. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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Draper Innovation Index News
David Solis

Draper Innovation Index US June 2026

BizWorld Updates Monthly Draper Innovation Index U.S.States Compete to Land in Top Ten of Best Places to Launch a Startup DII US Top 10 Sees Major Shakeup; Florida Retains 1st PlaceLegacy Tech Hubs California, Massachusetts, and New York All Register DeclinesEmerging Ecosystems Utah, Texas, Wyoming, North Carolina, Georgia, Arizona Rise in Top 10New Hampshire and Colorado Fall in Top 10Tennessee Breaks into DII US Top 10; South Dakota Falls OutOklahoma, Ohio, Pennsylvania, Rhode Island, and Wisconsin Post Largest GainsSouth Dakota, Kansas, and Washington See Largest Declines San Mateo, California – BizWorld announces the June 2026 update to the Draper Innovation Index U.S. (DII US), which evaluates each state’s innovation environment and entrepreneurship climate. Published monthly since 2021, the DII US provides the most well-rounded, up-to-date ranking of entrepreneurial locations, reflecting both traditional and emerging economic metrics, from taxes and regulations to venture capital investment, cryptocurrency friendliness, and blockchain investment trends. In the pursuit of continuing to integrate insightful, up-to-date information regarding state’s economic and business environments, the DII US has newly incorporated CNBC’s Top States for Business 2025 dataset. “California’s continued drop in the DII US is a monumental shift. While it still commands the highest overall venture capital growth, the state’s high cost of living and heavy regulatory burdens are actively driving entrepreneurs to look elsewhere to launch their startups,” said BizWorld Founder Tim Draper. “We are seeing the consequences of complacency in California. You cannot rely on a historical legacy of innovation if the current economic environment creates insurmountable barriers for new founders. Until the state addresses its core livability and regulatory issues, we expect this downward trend to continue.” the country – and globe.” Top Takeaways from the DII US April 2026 Update Key Risers: Utah, Texas, Wyoming, North Carolina, Georgia, Arizona, Oklahoma, Ohio, Pennsylvania, WisconsinKey Fallers: California, New York, Massachusetts, New Hampshire, Colorado, South Dakota, Kansas, Washington “This month’s DII US paints a clear picture: the old guard is struggling. With California, New York, and Massachusetts all slipping in the ranks, it’s evident that founders are no longer tethered to traditional coastal tech hubs and are instead flocking to states that offer better economic freedom and lower operational costs,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “The simultaneous declines of New York, Massachusetts, and California signal a massive decentralization of American innovation. High taxes, strict regulations, and towering costs of living in these legacy states are suffocating new business formation, allowing agile, pro-business states in the Sunbelt and Mountain West to capture an increasing share of the startup market.” The DII US will continue to post monthly updates which can be accessed here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to equip future generations with entrepreneurial life skills to unlock their potential and create economic opportunity. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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Draper Innovation Index News
David Solis

Draper Innovation Index Global June 2026

BizWorld Updates Monthly Draper Innovation Index Global Nations Compete to Land in Top Ten of Best Places Globallyto Launch a Startup Global Innovation Ecosystems Reshuffle — Canada Plummets Out of DII Global Top 10New Zealand Rises into the Top 10, India Sees Strong GainCyprus, Namibia, Argentina, and Zambia See Largest GainsVanuatu, Lebanon, Sint Maarten, and Tunisia Register Largest DeclinesCayman Islands Improves; Turkey FallsChina and Russia Remain Stable San Mateo, California – BizWorld announces its June 2026 update to the Draper Innovation Index Global (DII Global), which evaluates each nation’s ability to develop, support, and retain entrepreneurs, innovators, startups, and investors. First published in 2021, the DII Global provides the most well-rounded and up-to-date look at entrepreneurial environments across the globe. The June 2026 DII Global includes a number of updates, including: Heritage’s Index of Economic Freedom, DHL’s Global Connectedness Rank, World Intellectual Property Organization’s (WIPO) Global Innovation Index (GII), and inflation data from the World Bank. Despite constantly shifting global instability, many countries continue to drive forward with upgrading their innovation landscapes, helping them climb the DII Global rankings. “Canada’s abrupt departure from the DII Global Top 10 is a stark reminder that innovation ecosystems require constant care and attention,” said BizWorld Founder Tim Draper. “Unfriendly policy frameworks, stagnant economic growth, and a cooling venture capital environment, particularly in crucial sectors like AI and Machine Learning, have quickly eroded their competitive edge on the global stage. Entrepreneurs thrive when property rights are secure and regulatory burdens are light. Without improving its policies geared toward innovation investment, Canada could continue to fall down the DII Global ranks. Top Takeaways from the DII Global June 2026 Update Key Risers: India, Argentina, Cyprus, Namibia, Zambia, Cayman IslandsKey Fallers: Canada, Turkey, Lebanon, Tunisia “This month’s DII Global highlights a definitive trend: nations that embrace economic freedom are seeing immediate dividends and illustrate how critical these foundational economic liberties are to launching successful ventures,” said BizWorld Chief Economic Advisor Dr. Wallace Walrod. “The Heritage Index of Economic Freedom proved to be a major differentiator in June. As we observed with the massive climbs of Cyprus and Argentina, reducing bureaucratic friction and committing to open markets directly correlates with a thriving environment for startups and investors.” The DII Global will release monthly updates to continually reflect the latest developments in global innovation and entrepreneurship, available here. About BizWorld BizWorld.org is a global non-profit organization based in San Mateo, CA, whose mission is to enable youth from all backgrounds to unlock the power of entrepreneurship to create career opportunities, inspire self-reliance, and build confidence that drives economic prosperity globally.     Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, BizWorld.org programs teach students real-world 21st century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs. https://www.bizworld.org/

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How to Give:

  1. Directly through DAF Direct: If your DAF sponsor is supported, use their portal to make your gift directly.
  2. Mail or Wire: Direct your DAF sponsor to send a check or wire funds to:
    BizWorld Foundation
    Tax ID: 94-3280297
    Address: 55 East 3rd Ave, San Mateo, CA, 94401
    EIN # 94-3280297

Helpful Tips:

  • Use our tax ID (94-3280297) when searching for BizWorld Foundation in your DAF sponsor’s directory to ensure your donation is correctly processed.
  • If your DAF is with Fidelity Charitable, Schwab Charitable, or BNY Mellon, you can use their portal for easy gifting.
  • You may designate your gift for a specific program or initiative in the “designation” field if your DAF sponsor allows.

Thank you for supporting BizWorld Foundation and helping us equip young entrepreneurs to unlock their potential!

ACH or Wire

Please  submit a contact form now  for information about electronic transfers or to donate stock or appreciated securities.

Mail Check

You can mail a check made payable to BizWorld.org to:

BizWorld.org

55 East 3rd Ave, San Mateo, CA, 94401.