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The United Kingdom is fourth in the Highest Startup Output worldwide, according to the Global Startup Ecosystem Report. London is just the capital of the United Kingdom, it is epicenter for the entirety of Europe’s tech ecosystems. With a reported 4,300-5,900 active startups throughout London alone. Since the United Kingdom has a strong financial backing, it’s a great place for a startup to be funded. United Kingdom startup companies have an average of $451K, per firm, more than double the global average. It is because such funding that the United Kingdom is quickly rising within the ranks, with the tech industries growing thirty-two percent faster than other areas of the European economy. Plus, this is one of the few places that has a high immigrant startup rate; forty-two percent of founders are classified as immigrants. For people within the United Kingdom, this is a great opportunity to get a startup job within the country because, at its current growth rate, the United Kingdom has extremely high potential for lasting success.
