Startup accelerators are an integral part of the innovation economy.

And a new report from Gust, an online financial platform for startups, evaluates which one are most productive and what parts of the world are excelling at supporting young companies.

The Global Accelerator Report 2016 reveals that Europe is outperforming everywhere else in terms of number of startups accelerated by region, while the USA and Canada come out on top for investment by region.

To find out the best performing accelerators click below to read the full report.