Everything you need to know about the startup scene in Zurich

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Zurich startup ecosystem

Zurich has evolved into a hotspot for successful startups, providing a perfect blend of talent, capital, and customers. Home to renowned universities and supportive programs, Zurich fosters innovation and entrepreneurial spirit. Despite a dip in venture capital in 2023, the number of financing rounds hit a new high, showcasing the region's vitality.

Join our Zurich City Squad to meet other innovators, exchange ideas, and scale your startup in this thriving ecosystem.

Mentors in Zurich

Egle Tumenaite

A growth mindset starts with recognizing setbacks and always looking for ways to learn. I love sharing my knowledge as much as learning something new every day. In the last 9 years, I cofounded 4 tech companies, reached millions in sales revenues, and built teams of up to 50 people.

Egle Tumenaite
Entrepreneur, business strategist, startup mentor
Antoine Fourmont-Fingal

An explorer who loves action, and a builder who loves discovering – be it as a product leader or else, I like finding the perfect OS for a collective to solve the problems they choose, and loving it.

Antoine Fourmont-Fingal
Chief Product Officer @ ZOOD
Nayara Mesquita Caiafa

Welcome! With over 10 years leading product marketing at unicorns like QuintoAndar & Nubank, I’m passionate about helping others excel. Let’s master product marketing, enhance leadership skills, and unlock your full potential together!

Nayara Mesquita Caiafa
Head of Product Marketing & Career Mentor | Experienced in unicorns, committed to empowering others to shine

GrowthMentor events in Zurich

Frequently asked questions

Which industries or sectors are dominant in the Zurich startup ecosystem?

Zurich’s startup ecosystem is strong in fintech, biotech, medtech, and IT. The city also has a growing presence in sectors like blockchain, artificial intelligence, and cleantech, supported by its reputation as a global financial hub and center for innovation.

What are the key accelerators available for startups in Zurich?

Zurich hosts several key accelerators, including Kickstart Accelerator, F10 FinTech Incubator & Accelerator, and ETH Zurich’s Venturelab. These accelerators provide startups with mentorship, funding, and access to extensive networks to foster growth and development.

What local funding opportunities are available for startups in Zurich?

Startups in Zurich can access various funding opportunities, including venture capital firms like Swisscom Ventures and Redalpine Venture Partners. Additionally, there are angel investor networks such as SICTIC and public funding programs through organizations like Innosuisse and the Swiss Federal Office for Economic Affairs (SECO).

Are there any tax incentives designed to support startups in Zurich?

Zurich offers several tax incentives for startups, including R&D tax credits and deductions for investments in innovation. Additionally, the Swiss government provides various grants and incentives for startups through programs like the CTI Start-up initiative.

What is the cost of living and operating a business in Zurich?

Zurich has one of the highest costs of living in the world, reflecting its high quality of life and economic prosperity. Renting office space in Zurich can be expensive, particularly in central areas, but there are numerous co-working spaces available at more reasonable rates. The cost of starting a small business can vary, with entrepreneurs typically spending between $5,000 to $10,000, depending on the sector and specific business needs.

 

What is the talent pool like in Zurich?

Zurich has a highly educated and skilled talent pool, supported by renowned institutions like ETH Zurich and the University of Zurich. The city attracts top talent from across Switzerland and internationally, providing startups with access to a diverse and highly qualified workforce.

How is Zurich's infrastructure conducive to startup growth?

Zurich’s infrastructure is highly conducive to startup growth. The city offers excellent transportation links, including Zurich International Airport, a comprehensive public transportation system, and well-maintained road networks. Additionally, Zurich has a robust digital infrastructure with widespread high-speed internet access and advanced technology hubs.

Are there any major networking events focused on startups in Zurich?

Zurich hosts several major networking events for startups, such as the Swiss Startup Days, ETH Industry Day, and the Zurich Fintech Meetup. These events provide valuable opportunities for startups to connect with investors, mentors, and industry peers.

What is the regulatory environment like for startups in Zurich?

Zurich provides a supportive regulatory environment for startups, with initiatives aimed at reducing administrative burdens and fostering innovation. The Swiss government and local authorities have implemented various policies to simplify business operations and encourage entrepreneurship, making it easier for startups to navigate regulatory requirements and focus on growth.