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Belgium may be known for its beer chocolate and waffles but it also has a long history of entrepreneurship dating back to the industrial revolution in the early 20th century brussels was a hub for textile manufacturing and the citys entrepreneurs were quick to embrace new technologies and innovations more recently the rise of the eu institutions in brussels has attracted a diverse group of entrepreneurs and startups eager to capitalize on the citys international connections and businessfriendly environment brussels is the capital city of belgium located in the heart of europe its a small city with a population of around 12 million people but its also one of the most cosmopolitan cities in the world home to a diverse mix of cultures languages and nationalities brussels has a strong focus on innovation with a number of highprofile companies and startups making waves in the tech industry from fintech and ecommerce to ai and blockchain brussels is home to a growing number of cuttingedge startups that are pushing the boundaries of whats possible brussels has been home to a number of successful startups including materialise a leading 3d printing company and proximus one of belgiums largest telecom companies other notable companies headquartered in brussels include brussels airlines and swift brussels has a rich history dating back to the roman era over the centuries the city has been at the center of many significant events including the founding of the european union the signing of the treaty of brussels and the hosting of the 1957 world expo brussels is home to several top universities including universit libre de bruxelles ulb and vrije universiteit brussel vub which are known for their worldclass research programs and innovative academic curricula the living wage in brussels varies depending on the individuals circumstances but the minimum wage for fulltime workers is around 1900 per month however many employers in the startup scene offer salaries that are well above the minimum wage reflecting the high demand for skilled workers in the tech industry the unemployment rate in brussels is hovering around 113 brussels has a strong and diverse economy with a citylevel gdp of around 77 billion the city is home to many multinational corporations as well as a thriving small business sector the rate of new companies starting and ending in brussels is difficult to quantify but the city has a reputation for being a dynamic and innovative business environment despite the challenges of starting and growing a business in brussels many entrepreneurs are drawn to the citys entrepreneurial spirit and its location at the heart of europe so is brussels startup scene thriving or struggling the answer as with most things is somewhere in between brussels has a lot going for it including a highly educated population a strong culture of innovation and a businessfriendly environment however the city also faces significant challenges including high levels of bureaucracy a complex tax system and a shortage of investment capital overall though the future looks bright for the brussels startup