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Santa clara california also known as silicon valley is one of the worlds most famous technology hubs located in the heart of the san francisco bay area its home to some of the biggest tech giants in the world including apple google and facebook but what about the smaller scrappier startups that call santa clara home entrepreneurship has a long and storied history in the area with silicon valleys first startup fairchild semiconductor being founded in nearby san jose in 1957 since then the region has become synonymous with innovation and entrepreneurship with countless successful startups calling it home santa clara itself is a relatively small city with a population of just over 130000 its part of the larger silicon valley region which has a population of over 3 million people technological innovation is at the core of the areas identity with countless companies founded here over the years some of the most wellknown companies headquartered in santa clara include intel applied materials and marvell technology group additionally the city is home to a number of coworking spaces and startup incubators including the hacker dojo and the santa clara university center for innovation and entrepreneurship one of the key historical events associated with the area is the birth of the personal computer in the 1970s and 80s tech pioneers like steve jobs and bill gates worked out of garages in nearby cities like los altos and menlo park helping to kickstart the personal computing revolution santa clara is also home to a number of toptier universities including santa clara university and san jose state university these institutions have played a key role in the development of the areas startup ecosystem providing a steady stream of talented graduates to help build new companies the cost of living in santa clara is high with a living wage of around 16 per hour the unemployment rate in the area is relatively low at around 34 the citys gdp is around 26 billion the rate of new companies starting and ending in santa clara is difficult to track as many startups are based out of nearby cities or operate remotely however given the areas long history of entrepreneurship and technological innovation its safe to say that the startup scene here is thriving overall santa claras startup scene is thriving thanks to a combination of factors including the presence of worldclass universities a long history of entrepreneurship and a strong ecosystem of investors coworking spaces and incubators while competition in the area is fierce theres no shortage of talent and resources available to help startups succeed
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