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October 10, 2024

The most creative city in Brazil: Florianópolis!

Florianópolis was named the most creative city in Brazil, according to the new Creative Economy Potential Development Index (IDPEC), launched by ESPM. With a strong focus on higher education and entrepreneurship, the capital of Santa Catarina has surpassed other major Brazilian cities, becoming a hub of innovation and creativity in the country. But what makes Florianópolis the most creative city in Brazil?

What is IDPEC and how did Florianópolis stand out?

The IDPEC, developed by ESPM to celebrate the institution's 50th anniversary in Rio de Janeiro, evaluates the 26 Brazilian capitals and the Federal District based on indicators that measure the development potential of the creative economy. The min-max method used compares cities on a scale of 0 to 1, taking into account factors such as education, connectivity, and safety.

Florianópolis obtained a score of 0.91, the highest among all capitals, standing out in areas such as:

  • Higher education: The city has had the highest rate of people with completed higher education since 2019.
  • Entrepreneurship: Florianópolis leads in the creation of companies per capita, demonstrating its favorable environment for the development of new businesses.
  • Digital connectivity: The capital of Santa Catarina has the best access to fixed broadband, favoring the creation of startups and digital businesses.

How does education drive creativity in Florianópolis?

The educational system is one of the pillars that support Florianópolis as Brazil's most creative capital. Despite ranking 20th in basic education, the city excels in higher education, one of the main factors in its leadership in the IDPEC ranking. Furthermore, the public budget allocated to education is the fourth largest among capitals, reflecting its commitment to training a highly skilled workforce.

This emphasis on education has a direct impact on the development of creative businesses, especially in the areas of technology, software, audiovisual, and fashion, which depend on qualified and innovative professionals.

What role does entrepreneurship play in Florianópolis' success?

Florianópolis is known as the "Brazilian Silicon Valley" due to its highly developed entrepreneurial environment. The city boasts the highest net business creation rate per capita in Brazil, with more companies opening than closing each year. This dynamic landscape is driven by a combination of factors such as the presence of top universities, a robust startup ecosystem, and public policies aimed at fostering innovative businesses.

The city also benefits from its security, being the safest capital in Brazil, and advanced digital connectivity, which facilitates the expansion of creative and technology businesses. These factors make Florianópolis a magnet for entrepreneurs and talents from all over Brazil, interested in exploring the opportunities of a constantly growing market.

How does digital connectivity contribute to the development of the creative economy?

The creative economy relies heavily on digital connectivity, and Florianópolis leads Brazil in this regard, with the best high-speed internet access. Fixed broadband and technological infrastructure are essential for the development of sectors such as software, gaming, and audiovisual production.

Technology companies, startups and creative professionals find in Florianópolis An ideal environment for growth, thanks to rapid digital connectivity and easy access to global tools and networks. This puts the city ahead of many other capitals, which still face challenges in terms of digital infrastructure.

How does Florianópolis compare to other creative capitals?

In the IDPEC 2023 ranking, Florianópolis leads with 0.91 points, followed by Vitória (0.83), Curitiba (0.76), São Paulo (0.72) and Brasília (0.71). These cities also have characteristics that boost creativity, such as high rates of entrepreneurship, digital connectivity and investments in education. However, the differential Florianópolis It is in the combination of all these factors, especially in the field of entrepreneurship and security, that contribute to an environment favorable to innovation.

The cities that occupy the following positions, such as Vitória and Curitiba, present good results, but still need to evolve in some aspects to reach the level of excellence that Florianópolis has already reached.

How important is IDPEC for the future of the creative economy in Brazil?

The IDPEC is a crucial tool for planning public policies that can boost the development of the creative economy in Brazil. According to João Luiz Figueiredo, coordinator of the Postgraduate Program in Creative Economy at ESPM, the index offers a clear overview of the cities best prepared to become leaders in areas such as fashion, film, technology, and gaming.

Based on the information provided by the index, cities can identify areas for improvement and invest in training, connectivity, and infrastructure to become innovation hubs. Furthermore, the IDPEC highlights the importance of the creative economy as a driver of economic growth, with a projected creation of 1 million additional jobs in Brazil by 2030, according to a study by the National Confederation of Industry (CNI).

Attracting investment, talent and new ideas

Florianópolis, with its combination of high educational qualifications, a vibrant entrepreneurial environment, and excellent digital connectivity, has established itself as the most creative city in Brazil. The top spot in the IDPEC ranking reflects not only the city's capacity for innovation, but also its potential to become one of the largest hubs of the creative economy in the country and in Latin America. As a result, Florianópolis must continue to attract investment, talent and new ideas, further strengthening its leadership position on the national scene.

Florianópolis leads venture capital investments in Latin America

Florianópolis reaffirmed its prominence as an innovation hub by leading venture capital investments in startups in Latin America between 2022 and the first half of 2024. According to the fDI Intelligence ranking, released in October 2024, the city received 31 startups, surpassing other major capitals in the region. This investment volume demonstrates investor confidence in the technological solutions created in the Santa Catarina capital and in the innovation potential of new companies.

The role of venture capital in the Florianópolis startup ecosystem

Investors who invest venture capital in startups Florianópolis They bet on the disruptive ideas and growth potential of these companies. This strengthens the local innovation ecosystem, allowing more startups to gain a foothold in the global market. The success of these companies also attracts new investments, creating a virtuous cycle of growth for the technology sector.

Passeio Sapiens: Ecossistema de Tecnologia e Inovação Local de Referência Internacional

Government support drives innovation

The governor of Santa Catarina, Jorginho Mello, highlighted in an official note the role of Florianópolis as a hub for entrepreneurship and technology. For him, the success of the Santa Catarina capital in the global innovation scene is a reflection of local talent and creativity. The Secretary of State for Science, Technology, and Innovation, Marcelo Fett, also emphasized that the business environment, urban infrastructure, and public policies focused on innovation contribute to the city's success. Furthermore, the creation of a state secretariat dedicated to innovation in 2023 has intensified support for entrepreneurs, facilitating access to capital and strengthening talent retention.

Growth of startups in Florianópolis

The city not only leads in investment, but also in the number of startups. In August 2024, Florianópolis recorded 676 startups, representing 42% of the total in Santa Catarina. Furthermore, there are more than 6,000 technology companies that generate 38,400 direct jobs, consolidating the capital as the largest innovation hub in the state and a leading reference in the country.

A promising future for technology and innovation in Florianópolis

With leadership 🏆 in the investment ranking and the continuous growth of startups, Florianópolis continues its path to consolidating itself as one of Latin America's leading creative and innovative cities. Government support, combined with local talent and advanced technological infrastructure, strengthens the future of the city's technology sector, attracting even more investors and opportunities.

Living in Floripa: Integration of living near the sea with all the metropolitan and business development

With the process of deconstruction and reconstruction, Florianópolis establishes itself as a symbol of NEW LUXURY. In other words, the city is, above all, an incredible metropolis, but full of infinite natural beauty. In this way, with your own lifestyle, close to nature, which harmoniously integrates with countless business opportunities. In various sectors, such as: technology, innovation, real estate, retail and services.

I want to live or invest in Florianópolis

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    Currently, according to research conducted by Delta Economics & Finance, Florianópolis leads 🏆 the ranking of the best cities to raise children today. And, in addition, it occupies second place in the ranking of Smarter Cities of Brazil, according to Connected Smart Cities. As well as in third place 🏆 boasting the title of best HDI – Human Development Index in the country. And in fifth place as one of the best cities to retire, both in Brazil and in the United States.

    Currently, more than 4 thousand technology companies are installed in Florianópolis. In other words, consolidating it as a global technology hub. The city, known as the Magic Island due to the work of Franklin Cascaes, is now also referred to as Brazil's Silicon Island. This is definitely due to the growth of its vocations.

    We are Buzz Luxury Home, a real estate agency specializing in luxury properties in Florianópolis. For living and investing.

    Count on our brokers and our specialized real estate consultancy to find the perfect property and guarantee a peaceful home in Florianópolis. In other words, from research to negotiation, we are by your side every step of the way.

    With our experience and extensive knowledge of the region, we can help you find the ideal place to live and invest. We are in Jurerê Internacional, at Rua Alameda César Nascimento – 87, Loja 2, in Infinity Blue. Schedule your visit.

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    Category: Luxury Blog
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