When you think of areas with a large amount of tech
companies, obviously Silicon Valley and L.A stand out, but surprising new
cities are emerging as technological hot spots. From Amsterdam to India, new
and exciting cities are where tomorrow’s technological advances seem to be
coming from.
Amsterdam attracts startup companies because it offers lower taxes and a lower
cost of living, while also having gorgeous scenery and a creative, open
lifestyle to encouraging innovation. STIKK, an app that connects local startups with founders and entrepreneurs from around the world is one such company that
has emerged in Amsterdam.
Bogota, Columbia draws in new businesses possibly due to the limited
amount of paperwork that is required. Paperwork can weigh down a startup for months or even years in other
countries. While Columbia may be a difficult place to find venture capital it
seems to be an attractive place for startup businesses and investors. Bogota’s
active chamber of commerce provides free training to young entrepreneurs – talk
about a deal!
Bangalore, India has an advantage due to its sheer size. With 700 hundred million people under the age
of 30 there is no doubt in our minds that several brilliant ideas and
businesses will be born from this location. Just last month they hosted the Startup Festival India, which connects startups to investors all around India. Bangalore is also getting international
attention as well - a group of overseas investors has launched the Kyron
Accelerator program, which aims to fund 500 startups within the next five
years!
In today’s increasingly globalized market, it makes sense that the next
big thing will happen on a worldwide scale. Countries all over the world are
inventing new and exciting technology every day, and the only question now is
what’s next?
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