Bergen, Norway #451 Position in Global Startup Ecosystem Ranking

Startup Ecosystem in Bergen, Norway 🌟

TL;DR

Bergen is currently ranked as the 451st city in the Global F/MS “Best Cities for Startups” Index. Known for its stunning natural landscapes and vibrant cultural scene, Bergen offers a supportive environment for startups with a focus on technology and sustainability.

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Startup-Friendly Stuff 📈

1. Ease of Company Registration

• Business Registration: Procedures are streamlined with support from local business hubs.
• Online Services: Registration can be completed online, simplifying the process for new entrepreneurs.

2. Employment Law 🏢

• Labor Regulations: Strong protections for employees; labor laws are comprehensive but can be complex.
• Employment of Foreigners: Simple procedures for hiring talent from abroad, though permit applications are needed.

3. Taxation 💰

• Corporate Tax Rate: Generally set at 22%, with possible reductions for innovative startups.
• Grants and Deductions: Specific tax deductions available for R&D and other startup activities.

4. Quality of Life 🌆

• Living Standards: High quality of life in a picturesque environment, though the cost of living can be elevated.
• Cultural Offerings: Bergens holds numerous festivals, nearby hiking trails, and other recreational opportunities.

5. Bureaucracy 🗂️

• Navigational Ease: While generally straightforward, some regulations can extend the time for approvals.
• Government Support: Various initiatives aimed at promoting innovation and supporting firm growth.

6. Visas for Entrepreneurs 🌍

• Startup Visa Programs: Norway offers favorable visa policies for foreign entrepreneurs.
• Residency Options: Pathways for long-term residency available for eligible startup founders.

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Startup Community 🤝

7. Networking Events

• A variety of meetups, tech talks, and startup competitions are regularly organized.
• Local universities often collaborate with startups for research and development initiatives.

8. Subsidies and Funding 💵

• Government provides several grants aimed at fostering innovation in technology and sustainability.
• Multiple incubators offering early-stage funding.

9. Venture Capital (VC) Presence

• Investments: Growing interest from VC firms in tech and sustainability sectors.
• Active Firms: Several Norwegian firms specialize in early-stage technology investments.

10. Incubators & Accelerators 🚀

• Programs available focusing on tech, green energy, and digital services.
• Often include mentorship and office resources to assist startups.

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Technology & Industry Priorities 🔧

• Focus Areas: Sustainability, maritime industry, health technology, and software development.
• Government Initiatives: Strong emphasis on green technology and maritime innovation.

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Business Culture 🏙️

• Language: Norwegian is the primary language, but English is widely spoken in the business context.
• Work Environment: Collaborative and flat organizational structures favored; innovation is key.

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General Pros and Cons ⚖️

Pros:

• Strong support for tech and sustainability-focused startups.
• Beautiful setting conducive to creativity and work-life balance.
• Active community with a variety of networking opportunities.

Cons:

• Higher living costs compared to other regions in Norway.
• Smaller market size may limit certain expansions.

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Initiatives for Female Entrepreneurs 👩‍💼

• Increasing focus on empowering female founders with dedicated funding programs and workshops.
• Networking events specifically for women-led startups have been gaining traction.

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Bergen presents a unique opportunity for entrepreneurs in search of a picturesque, supportive, and sustainable startup ecosystem. 🌍🚀

MeanCEO Index for Bergen, Norway 🌟

Bergen, with its stunning scenery and growing support for technology and sustainability startups, presents an interesting landscape for female entrepreneurs. Let’s dig into the MeanCEO Index score based on crucial factors impacting the entrepreneurial environment.

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1. Weather ☀️

• Score: 4/10
  • Bergen is known for its lush environment, thanks to frequent rainfall. While it boasts beautiful landscapes, the number of sunny days is relatively low, making it less appealing for those who thrive in brighter climates.

2. Location 🏖️

• Score: 6/10
  • Surrounded by mountains and the sea, Bergen offers stunning views but limited beach accessibility. The cool waters may not be inviting for swimming, especially compared to warmer coastal cities.

3. Women Friendly 👩‍💼

• Score: 8/10
  • Norway is generally considered progressive regarding gender equality. Bergen follows suit with numerous initiatives designed to empower women in business, creating a supportive environment for female entrepreneurs.

4. Foreigners Friendly 🌍

• Score: 7/10
  • The locals are known for their friendliness and openness. There’s a welcoming vibe for foreign nationals, and while making deep connections can take time, the community is relatively inclusive.

5. English as a Business Language 📚

• Score: 9/10
  • While Norwegian is the primary language, English is widely spoken, especially in business circles. This makes it easy for international entrepreneurs, including women, to thrive in Bergen.

6. Delicious Cuisine 🍷

• Score: 5/10
  • The local cuisine features healthy options often focused on seafood; however, onions are commonly used in various dishes. The climate isn’t conducive to significant wine production, which somewhat limits culinary richness.

7. Ease of Getting Married and Starting a Family 💍

• Score: 5/10
  • Bergen offers a diverse dating scene, though the cultural dynamics may not always favor traditional relationships. Available options are decent, but not outstanding when it comes to finding a life partner.

8. Medicine 🏥

• Score: 7/10
  • Norway boasts a robust healthcare system, ensuring reasonable access to appointments and testing. While there can be some waiting times for specialists, generally, the quality of care is high.

9. Ease of Transportation & Traveling 🚍

• Score: 7/10
  • Bergen has public transport options but is smaller in scale compared to larger cities. Despite this, it’s well-connected with an international airport, supporting travel needs.

10. Startup Mindset 💡

• Score: 8/10
  • The culture in Bergen leans toward fostering innovation and resilience. There’s a positive attitude towards startups, with an understanding that failure can be part of the growth journey.

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MeanCEO Index Score: 66/100 🎉

Bergen presents a moderate yet promising environment for female entrepreneurs. While the challenging weather and culinary limitations could be drawbacks, the supportive community and strong startup resources offer ample opportunities. If you’re looking for a picturesque landscape combined with a collaborative culture, Bergen might just be the right choice for your entrepreneurial journey! 🌍🚀