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→What is the assessment of the performance of that ecosystem for entrepreneurship?
==''What is the assessment of the performance of that ecosystem for entrepreneurship?''==
'''Analysis:''' Washington DC has largely been assessed as a low-performing ecosystem for entrepreneurship, in particular for [https://www.washingtonpost.com/business/capitalbusiness/why-the-dc-areas-tech-incubators-struggle/2017/10/21/bfabfc98-b5d8-11e7-9e58-e6288544af98_story.html?utm_term=.74782e1185a5/ the success of privately-owned incubators]. Privately-owned incubators have difficulty succeeding in Washington DC due to a variety of factors, including: the complexity of arranging funding from public and private sector partners due to the metropolitan area spanning two states and the District; the difficulty of meeting target objectives for funding due to the complexity of determining metrics, such as job creation, in each state. [https://www.washingtonpost.com/business/capitalbusiness/why-the-dc-areas-tech-incubators-struggle/2017/10/21/bfabfc98-b5d8-11e7-9e58-e6288544af98_story.html?utm_term=.74782e1185a5/ More information.]
'''Poor Early-Stage Capital Investment.''' A 2017 study conducted by a large DC incubator in conjunction with the U.S. Chamber of Commerce ranked Washington DC as 23rd out of 25 in terms of entrepreneurship, 23rd in density of startups, 20th in talent, 13th in culture, 18th in capital, 14th in industry specialization, and 19th in connectivity. In particular, the report found that DC has relatively low levels of total capital investment and investment in next wave startups relative to other cities. Previous annual reports by these same organizations have found that DC has been declining in its ranking for entrepreneurship, rather than improving.
