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The 2nd most populous town in the US state of Vermont, Essex has a population of around the 21,199 mark. Named after the Earl of Essex and incorporated in 1763, Essex has the village of Essex Junction sitting within the town where you will find Vermont's busiest Amtrak Station and largest private employer, Global Foundries. This is no tech hub, but it does have its' fair share of innovative locals who are now hanging out in coworking venues that have opened up in the town.

Sitting in the United States where fewer people are taking the plunge into the startup realm compared to previous years, Essex is like many other small cities where high-tech businesses need to regroup, rethink and rehash to come up with new ideas that haven't been exploited by the tech giants. Tech startups are an important ingredient in productivity growth. This slowing down of new tech businesses is being attributed to numerous factors such as an aging population and fewer technologies and ideas to exploit. The tech titans such as Facebook, Apple and Amazon are dominating the playing field leaving less room for innovators to break in.

With a mature ecosystem, the fledgling startups of the United States today need to dream bigger, get craftier and widen their imaginations to capture a new market space. Coworking venues are providing the space for collaboration for the tech savvy souls who have the hope and the will to succeed, or simply the space to work for remote workers.

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