The job market in the U.S. has been a hotbed for tech startups, which are now being squeezed out of their home country.
The country has seen a huge shift in tech talent from China and India, where salaries are significantly lower and opportunities for entry-level jobs are harder to come by.
Now, it seems like there’s an opportunity for some of the world’s best young people to get their start in the booming tech industry in Seattle.
A growing number of startups are coming out of the Seattle area, and the area has been recognized by the National Venture Capital Association as the best startup hub in the nation.
“Seattle has been known as the birthplace of the tech industry and the first Silicon Valley, but it’s becoming a hub for all of those kinds of companies,” said Josh Lehner, who founded the Seattle office of Seattle-based startup accelerator Seattle Machine, which works with hundreds of companies.
“You have this growing population of people who are in the startup world, but also are able to make a lot of money.
I think that’s going to be really important as we move forward.”
With Seattle Machine and other companies like it, Lehner hopes to bring more talented young entrepreneurs to the area.
“It’s really cool to see people who have been doing this kind of work for a long time come out of Seattle and have some success and get some capital,” he said.
As Seattle Machine gets ready to welcome its newest talent to the city, it’s also opening up more space in the city to start up companies. “
I think it’s really important to start new businesses and new companies are going to start and grow in Seattle, which is the next frontier for the tech scene in this country.”
As Seattle Machine gets ready to welcome its newest talent to the city, it’s also opening up more space in the city to start up companies.
Lehner is already working with two companies that have been working in the area to get more space.
“We’re building a new office and I’m also looking to build a small office and start up a little startup here in the future,” he told GeekWire.
“But we are going from a lot smaller to a lot bigger office.”
Seattle Machine is the only accelerator in the region that provides a full-time residency program to young entrepreneurs.
In partnership with the Seattle Department of Transportation and the Seattle City Council, the startup accelerator offers a full time residency program for startups in the Seattle region, as well as a partial residency program that allows people to work in Seattle as part of their startup career.
Leuthers new office, built with the help of a $10,000 donation from the City of Seattle, is now under construction.
In addition to working with the city and local government, Leuthies office will also host an open house at the end of the month, where participants can learn more about the startup scene in Seattle and the opportunities that are waiting for them.
“The biggest thing for us was just being able to see how excited these guys are about being here and how excited they are about this city,” Leuthys co-founder and CEO Matt Kline said.
The startup accelerator will also be adding a full service coffee shop at the beginning of the year, and is already looking to add another location in the coming months.
“As we look ahead to the coming year, we’re really excited about the opportunities for young people in this city, particularly young women, to work and to do great things,” Lehner said.
Lehner is also a co-chair of Seattle Machine’s board of directors.
He hopes to continue working with other local entrepreneurs as well.
“If we can help these young people, who are just starting out, we’ll really want to do the same thing for them,” he explained.
“A lot of the success that we’ve seen in Seattle is due to these young women and they have the opportunity to build careers and be successful at the same time.”
Lehner plans to expand the office and make it available for people of all ages.
“This space is really good for us, for us to help our younger employees to get an opportunity to work with our best talent, to be able to grow and to get opportunities,” he added.