Cankaya, Ankara, Turkey
Presented ByHubSpot
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Cankaya, Ankara, Turkey - Startup Scene

Cankaya located in the heart of ankara turkey is a bustling hub of entrepreneurial activity the area is home to a diverse population of over 800000 people with a rich history of innovation and technological advancement the city has long been a center for trade and commerce with a thriving business community that has fostered the growth of many successful startups the entrepreneurial spirit in cankaya can be traced back to the early 20th century when a group of visionary entrepreneurs founded the first modern businesses in the area since then the city has continued to attract innovative thinkers and risktakers who have founded some of the most successful companies in the country one of the key factors driving the startup scene in cankaya is the presence of several worldclass universities including ankara university and middle east technical university these institutions have produced a steady stream of talented graduates many of whom have gone on to launch successful startups in the area in recent years cankaya has also become a hub for technological innovation with a growing number of companies specializing in fields such as artificial intelligence robotics and biotechnology some of the most successful startups in the area include bioteknoloji a biotech company that specializes in developing innovative medical treatments and robotech a robotics company that is revolutionizing the manufacturing industry despite its many successes cankaya is not without its challenges the city has struggled with high levels of unemployment in recent years with the current rate hovering around 12 additionally the cost of living in the area is relatively high with a median household income of around 25000 per year despite these challenges however the startup scene in cankaya continues to thrive the citys gdp has been steadily increasing in recent years and the rate of new companies starting and ending remains relatively stable with a supportive business community a talented workforce and a culture of innovation cankaya is poised to remain a major player in the global startup scene for years to come

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