FinTech Recruitment Solutions is a locally owned and managed recruitment co...
Aberdeen scotland uk is a city with a rich history of entrepreneurship the city is located in the northeast of scotland and has a population of around 230000 people the area is known for its oil and gas industry which has been a major driver of the local economy for decades in recent years however the city has seen a surge in technological innovation with a number of startups emerging in the area one of the key historical events that aberdeen is known for is the discovery of north sea oil in the 1970s this led to a boom in the local economy and attracted a number of entrepreneurs to the area since then the city has continued to be a hub for innovation with a number of companies founded in the area including wood group subsea 7 and kca deutag in addition to these established companies aberdeen is also home to a number of startups including codify a software development company and swipii a loyalty card app the city is also home to two universities the university of aberdeen and robert gordon university which have played a key role in fostering the local startup scene despite the citys strong entrepreneurial spirit however aberdeen has struggled in recent years due to the downturn in the oil and gas industry the living wage in the area is 930 per hour and the unemployment rate is currently around 45 the citys gdp is around 14 billion but the rate of new companies starting and ending has been relatively stagnant in recent years overall while aberdeens startup scene has faced challenges in recent years the citys history of entrepreneurship and its growing focus on technology suggest that it has the potential to continue to thrive in the years to come