Trending Alicante, Valencian Community, Spain Startups

Alicante located in the valencian community of spain has a thriving startup scene that is gaining momentum the city has a rich history of entrepreneurship with many successful businesses being founded in the area the geography of the area is ideal for startups with its proximity to the mediterranean sea and access to major transportation hubs the population of alicante is around 330000 with a diverse mix of locals and expats the city has a strong focus on technological innovation with many companies founded in the area specializing in areas such as software development biotechnology and renewable energy some of the most successful companies headquartered in alicante include pikolinos a footwear company and kelme a sports equipment manufacturer the city is also home to several universities including the university of alicante which has a strong focus on research and development the living wage in alicante is around 1000 per month which is relatively low compared to other major european cities however the unemployment rate in the area is also high at around 16 the city level gdp is around 10 billion with a rate of new companies starting and ending that is relatively stable despite the challenges of high unemployment and a relatively low living wage the startup scene in alicante is thriving the city has a strong focus on innovation and entrepreneurship with many resources available to support new businesses with its ideal location talented workforce and supportive ecosystem alicante is poised to continue its growth as a hub for startups in spain and beyond