Situated in Central Europe, Switzerland provides a great opportunity for start-ups. Israel’s well-educated labour force is a large pool for many tech start-ups looking to recruit graduates who have advanced computer programming and cyber security skills at a young age. This tiny country situated on the Mediterranean coast has always dealt with various challenges, creating a mindset of constantly searching for solutions, and developing critical life skills at a relatively young age. Although it is one of the fastest-growing economies in Europe, because of its small market, Romanian start-ups mainly focus on catering their products to global markets in order to be successful.Īnother country operating in a small market with a global outlook is Israel. Living costs are low, businesses can be built inexpensively, and there is a well-educated quality labour force. What is really exciting about investing in start-ups from smaller nations is that their success stories are as much about the countries facilitating the right environment for growth.įor example, in Romania, there are a number of factors that make it an attractive place to invest. The specific focus of start-up companies in start-up nations lies in the potential for capitalising on these companies’ significant growth in their early years. ![]() This special start-up culture among small countries, where innovation flows, where new tech companies are sprouting all the time, where the sk y’s the limit - is something we aim to capture in our new StartUpNations Smart Portfolio. Twenty years ago, The Irish Times published an article illustrating that the start-up culture in Ireland among software companies was actually homegrown, and not the result of former employees of multinational companies setting up these companies.
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