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Bursa turkey is a city located in the northwestern part of the country with a population of over 28 million people the city has a rich history of entrepreneurship dating back to the ottoman empire where it was known for its silk production and trade today bursa is home to a thriving startup scene with a number of innovative companies and entrepreneurs making their mark on the global stage one of the key factors driving the success of the startup scene in bursa is the citys location situated at the crossroads of europe and asia bursa has easy access to both markets making it an ideal location for companies looking to expand their reach additionally the city is home to a number of universities including bursa technical university and uluda university which provide a steady stream of talented graduates to the local workforce some of the most successful companies to come out of bursa include arelik a leading home appliance manufacturer and otokar a major player in the automotive industry these companies have helped to establish bursa as a hub for innovation and entrepreneurship attracting a growing number of startups and investors to the city despite its success bursa still faces some challenges when it comes to its startup scene the city has a relatively high unemployment rate of around 10 and the living wage is lower than in some other parts of turkey with an average monthly salary of around 3000 turkish lira approximately 400 usd additionally the rate of new companies starting and ending can be volatile with some startups struggling to find the resources and support they need to succeed overall however the startup scene in bursa is thriving thanks to a combination of factors including its location its talented workforce and its history of entrepreneurship as the city continues to grow and evolve it is likely that we will see even more exciting developments in the years to come
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