Toulouse is a city located in southwestern france in the region of occitanie the area has a population of around 479000 people and is known for its rich history architecture and aerospace industry toulouse has a thriving startup scene with many new businesses emerging in the area over the years the citys location in southern france has made it an attractive location for startups as it provides access to a large pool of talent and resources geographically toulouse is located in the region of occitanie which is known for its strong technology industry and its entrepreneurial spirit the area is home to many startups and small businesses in a variety of industries including technology healthcare and aerospace the area has several universities including the universit toulouse iii paul sabatier and the toulouse business school which provide a skilled workforce for startups to draw from in terms of technological innovation toulouse and the surrounding areas have made significant strides in recent years particularly in the areas of aerospace artificial intelligence and green energy the government has invested in the regions technology sector providing tax incentives and other forms of support to encourage growth some notable companies headquartered in toulouse include airbus a global aerospace company and sigfox a provider of wireless communication services for the internet of things iot in terms of key historical events toulouse is known for its association with the cathar religion and the canal du midi which is a unesco world heritage site in terms of the living wage the minimum wage in france is 1025 per hour as of 2021 the actual cost of living in toulouse is relatively low compared to other major french cities the unemployment rate in france is around 84 as of 2021 the area has a diverse job market with a strong focus on the technology healthcare and aerospace industries in terms of citylevel gdp toulouse has a gdp of around 30 billion as of 2020 the rate of new companies starting and ending in toulouse 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 toulouse is thriving due to its location in southern france its strong technology industry and its access to resources the growing number of startups and government support bode well for its future as a hub of innovation and business
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