Flanders, Belgium
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Flanders, Belgium - Startup Scene

Flanders belgium is a region that has a rich history of entrepreneurship the area is located in the northern part of belgium and is home to a population of over 6 million people flanders has a diverse economy that is driven by technological innovations with a number of companies founded and headquartered in the area one of the key historical events that flanders is known for is the industrial revolution which saw the region become a hub for textile production today flanders is home to a number of universities that are known for their research in fields such as biotechnology nanotechnology and renewable energy the living wage in flanders is around 1600 per month which is higher than the national average the unemployment rate in the region is also lower than the national average at around 55 the city level gdp in flanders is around 200 billion making it one of the wealthiest regions in europe despite the economic success of flanders the rate of new companies starting and ending is relatively low this may be due to the high level of competition in the region as well as the high cost of living and doing business overall the startup scene in flanders is thriving due to the regions strong economy highly educated workforce and innovative spirit however there are still challenges that need to be addressed in order to ensure that the region remains a hub for entrepreneurship and innovation

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