Tech Startup

2016 A Record Breaking Year for Europe’s Tech Startups

Europe is expected to hit $13.6 billion in tech investments in 2016, up from $12.6 billion in 2015, as newer technology hubs crop up outside traditional capital centres, according to a report produced by venture capital firm Atomico released at the Slush startup conference in Helsinki this week.

The report suggests Munich, Zurich, Lisbon, Madrid, and Copenhagen will be ones to watch over the coming years. Paris is starting to seriously challenge London and Berlin in terms of the number of VC-financed deals and deal volume.

Startup Recruitment - Sponsorship

It is paramount for startups to hire talented people who want to work hard to build something from the ground up. However, the costs of sourcing and hiring a Developer or Software Engineer in the UK, especially in London, can be high, so many founders end up outsourcing the work to remote contractors based offshore.

Startups can look to India, Spain, China or many remote locations to get a job done but that doesn’t replace an in-house team of permanent hires with a shared vision for the longer term.

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