05.2 Every City is a Tech City Talent is necessary, but talent alone is not TECH COMMUNITIES AND COMPANY FORMATION enough. Cities need to engage that talent in active communities to drive greater levels of company The correlation between the strength of formation tech community engagement within cities 0.914and the rate of company formation and funding has an r-squared of 0.914. & 67 In Partnership with www.thestateofeuropeantech.com Photo: Sami Heiskanen/ Juuso Hmlinen