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Ankara the capital city of turkey has a thriving startup scene that is rapidly gaining momentum the city has a rich history of entrepreneurship with many successful businesses being founded here over the years the geography of the area is diverse with a mix of urban and rural areas and a population of over 5 million people technological innovations in ankara have been on the rise with many startups focusing on areas such as artificial intelligence blockchain and ecommerce companies such as hepsiburada the largest ecommerce platform in turkey and peak games a mobile gaming company were both founded in ankara and have since become major players in their respective industries ankara is also home to several universities including middle east technical university and bilkent university which have played a key role in fostering the citys startup ecosystem the living wage in ankara is around 2500 turkish lira per month and the unemployment rate is currently at 127 despite these challenges the citys startup scene is thriving with a growing number of new companies starting up each year the city level gdp is around 100 billion and the rate of new companies starting and ending is relatively stable overall ankaras startup scene is a testament to the citys entrepreneurial spirit and its commitment to innovation while there are certainly challenges to be faced the citys growing ecosystem of startups and supportive infrastructure make it an exciting place to be for entrepreneurs and investors alike
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