Valencian Community, Spain
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Valencian Community, Spain - Startup Scene

The valencian community located on the eastern coast of spain has a rich history of entrepreneurship dating back to the middle ages the regions strategic location on the mediterranean sea has made it a hub for trade and commerce attracting innovative thinkers and risktakers throughout the centuries today the valencian community is home to a thriving startup scene with a population of over 5 million people and a gdp of 110 billion the area boasts several universities including the university of valencia and the polytechnic university of valencia which have produced a steady stream of talented graduates in fields such as engineering computer science and business some of the most successful companies to emerge from the valencian community include mercadona a supermarket chain with over 1600 stores across spain and zara a global fashion retailer with over 2000 stores worldwide the region is also home to a number of innovative startups such as biome makers which uses dna sequencing to help farmers optimize their crops and hemav which provides dronebased solutions for industries such as agriculture construction and energy despite its many successes the valencian community still faces challenges including a high unemployment rate of 145 and a living wage of 1050 per month however the regions entrepreneurial spirit and innovative mindset continue to drive the startup scene forward with new companies starting and ending at a steady rate overall the valencian communitys startup scene is thriving thanks to its talented workforce supportive government policies and strategic location as the region continues to attract investment and talent from around the world it is poised to become a major player in the global startup ecosystem

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