Beyond “Silicon Island”: How Brazil’s Santa Catarina state is attracting startups inland

Capital city Florianópolis has the highest density of startups per inhabitant in the country - there are five startups for every 1,000 inhabitants. But startups in Santa Catarina are no longer restricted to "Silicon Island".

RIO DE JANEIRO, BRAZIL - Florianópolis, the capital of Santa Catarina, is known as the Brazilian Silicon Island. But other regions in the southern state are mobilizing to set up innovation ecosystems.

Many associate Santa Catarina's economy with the tourism generated by its beaches - but the state has been surfing a different wave in the past decades: startups.

The share of technology in the state's revenue currently represents almost double the national average. With only 1.1% of the national territory and 3.4% of the Brazilian population, Santa Catarina is the state with the fourth-highest revenue . . .

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