Rhineland-Palatinate, Germany
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Trending Rhineland-Palatinate, Germany Startups

Learn more about high-growth Rhineland-Palatinate, Germany startups.

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Rhineland-Palatinate, Germany - Startup Scene

Rhinelandpalatinate located in southwestern germany has a rich history of entrepreneurship dating back to the roman empire the region boasts a diverse geography including the rhine river and the palatinate forest and a population of over 4 million people technological innovations in the area have included advancements in renewable energy and biotechnology several notable companies have been founded in rhinelandpalatinate including basf the worlds largest chemical company and boehringer ingelheim a leading pharmaceutical company the region is also home to several universities including the university of mainz and the university of koblenzlandau the living wage in rhinelandpalatinate is 935 per hour and the unemployment rate is currently at 45 the city level gdp is 775 billion and the rate of new companies starting and ending is relatively stable despite its rich history and strong economic indicators the startup scene in rhinelandpalatinate has struggled to gain traction in recent years many attribute this to a lack of venture capital and a conservative business culture however there are signs of hope with several new incubators and accelerators opening in the region and a growing interest in social entrepreneurship with the right support and resources rhinelandpalatinate has the potential to become a thriving hub for innovation and entrepreneurship

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