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Kaunas located in kaunas county lithuania has a rich history of entrepreneurship dating back to the early 20th century the citys strategic location on the confluence of two rivers and its proximity to major transportation routes have made it a hub for trade and commerce with a population of over 300000 kaunas is the secondlargest city in lithuania and boasts a thriving startup scene the technological innovations of the area are impressive with companies like devbridge group nfq technologies and trafi leading the charge these companies have made significant contributions to the development of software mobile applications and transportation technology additionally kaunas is home to several universities including kaunas university of technology which has a strong focus on engineering and technology the living wage in kaunas is around 600 per month and the unemployment rate is currently at 85 the city level gdp is estimated to be around 75 billion with a rate of new companies starting and ending being relatively stable despite its impressive startup scene kaunas faces challenges in attracting and retaining talent many young professionals are drawn to larger cities like vilnius or abroad for better job opportunities however the citys affordable cost of living and supportive business environment make it an attractive option for entrepreneurs looking to start a business overall kaunass startup scene is thriving thanks to its strong history of entrepreneurship strategic location and innovative companies while the city faces challenges in talent retention its supportive business environment and affordable cost of living make it a promising location for startups