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Leeds located in the heart of england has a rich history of entrepreneurship dating back to the industrial revolution the citys geography with its proximity to major transportation routes and access to a skilled workforce has made it an attractive location for startups with a population of over 800000 leeds is the thirdlargest city in the uk and boasts a diverse economy that includes finance healthcare and technology in recent years leeds has become a hub for technological innovation with companies like sky betting gaming callcredit and tpp calling the city home the local universities including the university of leeds and leeds beckett university have also played a key role in fostering a culture of innovation and entrepreneurship despite its many strengths leeds faces some challenges the living wage in the area is 930 per hour slightly higher than the national average the unemployment rate is also higher than the national average at 52 however the citys gdp is strong with a value of 225 billion in 2018 the rate of new companies starting and ending in leeds is difficult to quantify but anecdotal evidence suggests that the startup scene is thriving the citys supportive business environment access to funding and talented workforce make it an attractive location for entrepreneurs overall the startup scene in leeds is thriving while the city faces some challenges its many strengths make it an attractive location for startups with a rich history of entrepreneurship a diverse economy and a culture of innovation leeds is poised to continue to grow and thrive in the years to come
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