Trending Exeter, UK Startups

Exeter may be known for its stunning cathedral and historic roman walls but theres more to this city than meets the eye nestled in the heart of devon exeter is home to a thriving startup scene thats putting the city on the map historically exeter has been a hub of entrepreneurship dating back to the 16th century when the city was a key player in the wool trade today that entrepreneurial spirit is alive and well with a growing number of startups choosing to set up shop in exeter one of the key factors driving the citys startup scene is its geography exeter is located in the heart of the south west making it an ideal location for companies looking to tap into the regions thriving tech ecosystem in terms of population exeter is a relatively small city with around 130000 people living within its boundaries but what it lacks in size it more than makes up for in innovation exeter is home to a number of groundbreaking companies including software firm advanced which is headquartered in the city exeter has a proud tradition of innovation with many local companies at the forefront of technological advances in particular the city has seen significant growth in the fintech sector in recent years with companies like crowdcube and unmortgage leading the charge local universities including the university of exeter are also helping to fuel the citys startup scene producing a steady stream of talented graduates each year in terms of wages the living wage in exeter is currently set at 950 per hour slightly above the uk national living wage of 891 unemployment rates in the city are also lower than the national average sitting at around 45 exeters gdp currently stands at around 46 billion with a diverse range of industries contributing to the citys economy while the rate of new companies starting and ending in the city is difficult to quantify its clear that exeters startup scene is on the rise so is exeters startup scene thriving or struggling its hard to say definitively but theres no denying that the city is making a name for itself as a hub of innovation and entrepreneurship with a supportive ecosystem talented workforce and access to the wider south west tech community exeter is wellpositioned for continued growth in the years to come