Category Archives: East Europe

Kaunas: Not All Quiet on Our Front

StartupBlink has launched the Startup Ecosystem Ranking Report 2019 that now ranks 1,000 cities and 100 countries worldwide and is available for download here.

Saying goes that it‘s better if something happens later than never. It could be said that Kaunas is exactly the case to this point.

Ostensibly, Kaunas had all the necessary ingredients for successful development of Startup ecosystem – top-level universities, tech-driven companies with an interest in R&D activities, access to financial instruments right around the corner. For a long period of time, the city was forgotten in the eyes of incoming startups or ecosystem players, however, things started to change when various ecosystem players started joining their forces to position the city as a place with all stages of ecosystem needed for successful idea realization covered.

Continue reading Kaunas: Not All Quiet on Our Front

Kyiv: Europe’s new tech destination

StartupBlink has launched the Startup Ecosystem Ranking Report 2019 that now ranks 1,000 cities and 100 countries worldwide and is available for download here.

Kyiv is the capital of Ukraine and Ukraine’s startup capital. Around 60% of the tech ecosystem of Ukraine is based at Kyiv.

It’s a home for more than 500 startups and more than 150 coworking spaces, incubators, accelerators, tech universities, and communities. Ukraine has 185 000 tech specialists with outstanding skills in AI and math – and around 50% of them are based at Kyiv (17% in Kharkiv, 13% in Lviv). Kyiv is one of the most dynamic startup ecosystems in Eastern Europe and a great spot for developing new businesses and creative ideas.

Continue reading Kyiv: Europe’s new tech destination

Moscow: A Global City of the Future

StartupBlink has launched the Startup Ecosystem Ranking Report 2019 that now ranks 1,000 cities and 100 countries worldwide and is available for download here.

Moscow is one of the world’s top centers in high-tech and creative industries. The metropolis has a developed economy, a comfortable urban environment and a mature innovative ecosystem in which boldest ideas are born and implemented.

Continue reading Moscow: A Global City of the Future

Sofia Startup Ecosystem

Sofia Startup Ecosystem Report

Introduction to the Sofia Startup Ecosystem

Click here to view Sofia’s Startup Map

Sofia, the beautiful capital of Bulgaria, is situated in the heart of the Balkans. It is one of the favorite destinations for tourists as it one of the oldest cities in Europe, where you can see buildings of all architectural styles, yet fill in a modern city. As a country with a long history and plenty of interaction with different nations, our cuisine has become one to suit the liking of many. Overall Sofia is a great destination for tourism and has the prerequisites for a good place to be living in. Let’s talk about business then!

Is it suitable for a StartUp? Afterall, it is a post-communist country. We all know that post-communist countries don’t do financially great, right? These thoughts are certainly close to the mind, when talking about money. In this report, we will take a look at success stories in Sofia, opportunities and disadvantages for startups,as well discuss some of the biggest players in the startup ecosystem.  In StartupBlink’s 2019 report, Sofia ranked 1st in Bulgaria and 88th globally.    Continue reading Sofia Startup Ecosystem


Cyprus Startup Ecosystem

Cyprus Startup Ecosystem

Click here to view Cyprus’s Startup Map.

Introduction to the Cyprus Startup Ecosystem

Cyprus is the third largest island in the Mediterranean at the southeastern end of Europe right at the crux of the busy shipping and air routes linking 3 continents, Europe, Africa and Asia with a population just about 1 million people. The island with a rich history going back more than 10.000 years, has developed from a Stone Age settlement into a modern and thriving European Union member state with a host of opportunities and prospects for economic growth and prosperity boasting an ideal investment gateway to the European Union and a portal for investment outside the EU, particularly into the Middle East, India and China.  In StartupBlink’s 2019 report, Cyprus ranked 68th globally. Continue reading Cyprus Startup Ecosystem