Trending Farnham, England, UK Startups

Farnham is a town located in surrey england with a population of around 40000 people the area has a rich history of entrepreneurship with many successful businesses emerging in the area over the years farnhams location in the south of england has made it an attractive location for startups as it provides access to a large pool of talent and resources geographically farnham is located in the county of surrey which is known for its strong technology and creative industries the area is home to many large corporations and creative agencies which have provided opportunities for startups to partner with established companies and gain access to funding and resources the area has several universities including the university for the creative arts and the university of surrey which provide a skilled workforce for startups to draw from in terms of technological innovation farnham and the surrounding areas have made significant strides in recent years particularly in the areas of software development and creative industries the government has invested in the regions technology sector providing tax incentives and other forms of support to encourage growth some notable companies founded in farnham include bae systems applied intelligence a cybersecurity company and bullfrog productions a video game development company many creative agencies are also based in the area including hometown a design agency that works with clients such as cocacola and lego in terms of key historical events farnham is known for its role in the english civil war particularly for the battle of farnham which was fought in the area in 1643 in terms of the living wage the minimum wage in the uk is 891 per hour as of 2021 however the actual cost of living in farnham is relatively high due to its location in the south of england the unemployment rate in surrey is relatively low at around 34 as of 2021 the area has a strong job market particularly in the technology and creative industries in terms of citylevel gdp farnham does not have a separate gdp as it is part of surrey however surrey has a strong economy with a gdp of around 35 billion as of 2019 the rate of new companies starting and ending in farnham is difficult to determine but there has been a significant increase in startup activity in the region in recent years the government and local business organizations have launched several initiatives to support entrepreneurship including incubator programs and funding opportunities overall the startup scene in farnham is thriving due to its location in the south of england and its strong technology and creative industries while the cost of living in the area may be high the growing number of startups and access to resources bode well for its future as a hub of innovation and business