Vaud switzerland is a picturesque location nestled in the heart of the swiss alps the region has a rich history of entrepreneurship with notable figures such as henri nestl and charlesdouard jeanneret better known as le corbusier hailing from the area the population of vaud is just over 800000 with a significant portion of the population concentrated in the cities of lausanne and geneva in recent years vaud has become a hub for technological innovation with companies such as logitech nestl and philip morris international all headquartered in the region the local universities including the cole polytechnique fdrale de lausanne epfl and the university of lausanne have also played a significant role in driving innovation and entrepreneurship in the area despite the high cost of living in vaud with a living wage of around chf 4000 per month the region has a relatively low unemployment rate of just 35 the city level gdp is also impressive with lausanne alone contributing over chf 20 billion to the swiss economy the rate of new companies starting and ending in vaud is relatively stable with a healthy mix of both established companies and startups however some argue that the startup scene in vaud is struggling to keep up with other european hubs such as berlin and london while the region has a strong foundation in technology and innovation some believe that more needs to be done to support earlystage startups and attract international talent to the area overall the startup scene in vaud is thriving but there is still room for improvement with its rich history of entrepreneurship worldclass universities and impressive roster of established companies vaud has the potential to become a leading hub for innovation and startups in europe
PrizesHuge thanks toHubSpot for sponsoring this Award!