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2014 Endeavor Brazil Entrepreneurial City Index

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tHE CItY's potEntIal Recife has only the 10th highest GDP among the cities analyzed, but it is the fastest growing capital: be- tween 2008 and 2011, the average real growth was 6.04% — in 2010 the city grew nearly 13% — compared to the average of 2.99% of the 14 cit- ies. The city can also be considered one of the connecting "hubs" in the Northeast: in addition to a port and a good road system within the state of Pernambuco, the city has one of the largest and best airports in the country — the current traffic is an estimated 7 million passengers per year, but the capacity is 16 million. For entrepreneurs who are facing challenges in other areas (such as innovation or finding qualified professional, for example), Recife has a culture favorable to entre - preneurship and has various or- ganizations such as Porto Digital and Sebrae Pernambuco, which help support business growth. This idea is reinforced by the fact that the field research of this study has shown that 35% of Recife's population claims to have tak- en a course in entrepreneurship and another 73% say they would know who to ask for help if they had difficulties in their business, both among the highest rates in the country. RECIFE 76

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