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Santa catarina located in southern brazil has a thriving startup scene that has been growing rapidly in recent years the state is known for its beautiful beaches mountains and forests making it a popular tourist destination the population of the state is around 7 million with the majority living in the capital city of florianpolis the history of entrepreneurship in santa catarina dates back to the 19th century when german and italian immigrants settled in the region and started their own businesses today the state is home to a number of successful startups including contaazul resultados digitais and neoway the local universities such as the federal university of santa catarina and the university of joinville have played a key role in fostering innovation and entrepreneurship in the area the living wage in santa catarina is around r2500 per month and the unemployment rate is currently at 64 the city level gdp of florianpolis is around r20 billion and the rate of new companies starting and ending is relatively high however despite these challenges the startup scene in santa catarina is thriving due to a number of factors one of the main reasons for the success of the startup scene in santa catarina is the strong support network for entrepreneurs the state government has implemented a number of initiatives to support startups including tax incentives funding programs and incubators additionally the state has a highly skilled workforce with a large number of graduates in engineering computer science and other technical fields this has attracted a number of multinational companies to the area providing opportunities for collaboration and growth overall the startup scene in santa catarina is thriving due to a combination of factors including a supportive government a skilled workforce and a strong entrepreneurial spirit while there are challenges to be faced the future looks bright for startups in this beautiful and innovative state
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