Portsmouth located in southeastern new hampshire has a rich history of entrepreneurs and innovation its location on the piscataqua river which leads out to the atlantic ocean has played a significant role in its growth as a maritime trade center the population of portsmouth is just over 21000 with a median household income of 81500 the living wage in portsmouth is estimated to be around 1675 per hour which is higher than the state average the unemployment rate in portsmouth is lower than the national average at around 33 portsmouth has a number of notable technological innovations including the invention of the steam engine by robert fulton in 1807 today the city is home to several tech companies such as bottomline technologies inc and liberty mutual insurance the city is also home to the university of new hampshire and great bay community college both of which have strong entrepreneurship programs the startup scene in portsmouth is thriving with new companies starting up regularly some of the most notable startups in the area include admix which offers a platform for monetizing xr content and medtronics portsmouth facility which develops minimally invasive surgical products the citys gdp is estimated to be around 6 billion overall portsmouths startup scene benefits from its location and access to resources such as universities and venture capital while it may not have the same level of activity as some larger cities the citys strong community and support for entrepreneurship make it an ideal location for startups looking to make their mark
PrizesHuge thanks toHubSpot for sponsoring this Award!