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How Stockholm solved a startup’s housing crisis

This content was paid for by an advertiser and produced by The Local's Creative Studio

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How Stockholm solved a startup’s housing crisis
Photo: Tuukka Ervasti/imagebank.sweden.se
This content was paid for by an advertiser and produced by The Local's Creative Studio
13:55 CET+01:00
The Stockholm startup scene has become more international than ever, recruiting the best of global talent to join the city's booming tech cluster. But if foreigners can't find housing, startups worry, it's all for naught. Now the City of Stockholm has stepped in.

Life has never been better at Stockholm startup Tictail. The e-commerce platform, which makes it easy for anyone to set up an online shop, is growing at breakneck speed.

“We have grown from 28 people at the beginning of this year to 65 now,” recruiter Jonas Axelsson tells The Local.  “We only hire the best people, and they come from all over the world.”

But Tictail, like most Stockholm startups, has run into trouble finding places for new employees to live. The infamous housing queues keep growing, and without decent housing, companies worry that foreign employees will never integrate – and end up leaving Sweden.

“Housing is the biggest problem for us,” Axelsson says.

“The talent pool in Stockholm is not big enough so we need to bring people in to Stockholm – and we have to give them a decent place to live. Otherwise they’ll leave, and then we’re back at square one.”

In order to prevent that from happening, Tictail have had help from  Stockholm Business Region Development.

Find out what they’re doing to address the housing crisis here.

Read full article at movetostockholm.com

This article was produced by The Local in partnership with Stockholm Business Region.

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