Tech Startup survey in the Economist

The Economist magazine issue of 18 January 2014 has a good review of the tech startup scene. Go get a copy, or read the online version. There are useful info graphics and articles on why this is a good time to launch your startup, and overviews of incubators, investors, and the business eco-systems that sustain startups. It was very focused on the big places for the most part, with a few mentions of smaller startups coming for smaller scenes.

Scottish Startup Christmas Party

The main emphasis of the survey of articles is that this time is different from the bubble of 1999/2000 because you there is a better eco-system of tools and support for startups. This means the threshold for entry is lower and with the many APIs as well as cloud computing platforms available, it is easier to launch your idea. This is no guarantee of success, but it is easier to try and make it work.

A growing part of that ecosystem to sustain tech startups in Scotland can be found at the Scottish Entrepreneurial Support Network, an online tool to explore the different nodes of support in Scotland. You’ll find about incubators, finance, education, and networking events and other types of resources you can use.

The article supports what we’re doing in that we are there to help provide support in a safe environment with our programme. According to the survey article, 90% of startups fail. We aim to help you be successful by looking for validated ideas until you find one that works for you and your team and then pursue that further and launch the idea. During this time we’re there to support you, and if you end up staying in and around Aberdeen after you graduate, then you will have the community around you still too with our growing Aberdeen tech scene.

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