Monaco, a progressive Principality

Publication date: 19/05/2019
Principality is emerging as a champion in fields like finance, medical, IT, sustainability and innovation—and has the infrastructure and meeting success to prove it.....

Nestled along the French Riviera near the border town of Menton, the principality of Monaco can easily be considered a modern-day Cinderella story, where princes and princesses still don sashes and gowns to dance at star-studded balls.  The only difference between the city-state’s galas and those of the popular fairy tale are that in Monaco, events revolve around one of the principality’s thriving knowledge sectors. Sure, it would be easy to write off Monaco as a glittering locale devoted to mega yachts and flashy sports cars, but the principality is emerging as a champion in fields like finance, medical, IT, sustainability and innovation—and has the infrastructure and meeting success to prove it.

In Monaco, size is everything. Measuring less than 2 square kilometres, the principality ranks second-smallest country in the world after Vatican City, yet it boasts the second-most tourist arrivals per capita. Not only is it considered one of the safest and most politically stable countries on the globe, it’s also one of the most cosmopolitan, with over 5,000 businesses and

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