Dealing with taxes and bureaucracy is perhaps the worst nightmare for startups from any industry. This is no different for energy startups who have to go through countless hurdles when it comes to getting their products on the market.
When it comes to climate change, the time is now to start doing something about it. New technology through renewable energy startups has the potential to reduce the damage caused by climate change. But governmental collaboration is essential for these small startups to survive – especially when you consider that almost no startup is profitable in the first few years.
With that being said, let’s have a look at the startup capitals around the world and their willingness to promote the advancement of new technology, from Silicon Valley to South Korea.
Silicon Valley needs no introduction as it’s the most well-known startup hub in the world. In recent years, The Silicon Valley government has made it even easier for tech startups to ply their trade there.