By Len Jessup and Sean Curry
Abstract: The startup ecosystem in Southern Nevada has undergone significant transformation during the past decade, evolving from a fragmented and nascent environment into a dynamic and increasingly coordinated landscape. This study examines the growth of the Southern Nevada startup ecosystem, analyzing key components such as funding sources, incubators, accelerators, and public-private collaborations. Utilizing both quantitative and qualitative data, including investment trends, economic impact reports, and interviews with over 100 stakeholders, this policy brief provides a comprehensive assessment of the strengths and gaps within the ecosystem. Key findings indicate that while the region has made substantial progress, particularly in fostering early-stage investments and building the infrastructure to support startups, challenges remain including the need to strengthen cross-sector communication, develop deep local venture capital, and broaden awareness of available resources. The study also benchmarks Las Vegas against other Mountain West metro areas, highlighting opportunities for further growth and includes policy recommendations aimed at strengthening the region’s ability to attract, develop, and retain high-growth startups. With targeted efforts in ecosystem coordination, investment expansion, and strategic alignment with emerging industries, Southern Nevada has the potential to become a more robust and sustainable hub for entrepreneurship and innovation.