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Gothenburg located on the west coast of sweden has a dynamic and growing startup scene that is deeply rooted in the areas history and geography the city has a population of over 570000 people and is home to several highly respected universities including chalmers university of technology and the university of gothenburg these institutions have long been incubators for entrepreneurship and technological innovation gothenburg has a strong focus on sustainable technologies and green innovations one example is the electric vehicle manufacturer polestar which was founded in the area in 2017 and has quickly become a major player in the global automotive industry in terms of economics the living wage in gothenburg is around 22000 sek about 2600 per month which is higher than the national average in sweden the unemployment rate in the city is currently at around 8 which is slightly higher than the national average despite some challenges the citys highly educated population favorable economic conditions and supportive startup ecosystem have all contributed to the success of the startup scene in gothenburg new companies are being founded at a steady pace and there is a growing sense of collaboration and community within the startup scene this is evident in events such as the annual gothenburg startup hack which brings together entrepreneurs developers and investors from across the region to collaborate and innovate