Scotland located in the northern part of the united kingdom has a rich history of entrepreneurship dating back to the 18th century the area is known for its rugged terrain stunning landscapes and vibrant cities like edinburgh and glasgow with a population of over 5 million people scotland has a diverse and talented workforce that has contributed to the technological innovations of the area some of the most successful companies founded in scotland include skyscanner fanduel and brewdog additionally many companies have chosen to set up their headquarters in scotland including standard life aberdeen and royal bank of scotland scotland is also known for its worldrenowned universities including the university of edinburgh and the university of glasgow these institutions have produced some of the brightest minds in the country and have contributed to the growth of the startup scene the living wage in scotland is 950 per hour and the unemployment rate is currently at 43 the city level gdp is estimated to be around 170 billion despite the challenges posed by the covid19 pandemic scotlands startup scene is thriving the rate of new companies starting has remained steady and many established companies have adapted to the changing landscape by pivoting their business models the areas supportive government policies and access to funding have also contributed to its success overall scotlands startup scene is a force to be reckoned with with a rich history of entrepreneurship a talented workforce and a supportive ecosystem it is no surprise that the area continues to produce successful companies and attract investment from around the world
PrizesHuge thanks toHubSpot for sponsoring this Award!
