Auvergne Rhone Alpes, France
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Auvergne Rhone Alpes, France - Startup Scene

Auvergne rhone alpes located in southeastern france is a region with a rich history of entrepreneurship the area is known for its diverse geography ranging from the alps to the massif central and has a population of over 8 million people technological innovations in the region have been significant with companies like schneider electric and stmicroelectronics founded in the area additionally the region is home to several universities including the prestigious ecole polytechnique and grenoble ecole de management the living wage in the area is around 1500 per month and the unemployment rate is currently at 85 the city level gdp is estimated to be around 200 billion making it one of the most economically significant regions in france despite the challenges posed by the covid19 pandemic the startup scene in auvergne rhone alpes is thriving the region has seen a steady increase in the number of new companies starting with a particular focus on biotech and cleantech startups additionally the region has a strong support system for entrepreneurs with several incubators and accelerators providing resources and funding for startups however the region is not without its struggles the rate of new companies ending is also high with many startups struggling to secure funding and scale their businesses additionally the region faces competition from other startup hubs in france such as paris and lyon overall the startup scene in auvergne rhone alpes is a dynamic and exciting space with a rich history of entrepreneurship and a bright future ahead with continued support from the local government and a focus on innovation and collaboration the region has the potential to become a leading startup hub in europe

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