The Startup Ecosystem of Serbia

Serbia has 3 cities in the top 1000 and is the leading startup hub in Eastern Europe.

COUNTRY RANKING

Serbia’s startup scene saw an increase in 2023 and jumped 1 spot from the previous year, outranking Thailand.

Population

6.8
Million

Regional Ranking

14th
0
In Eastern Europe

Global Ranking

51st
+
1
Worldwide

Ecosystem

Startup Ecosystem Overview

city buildings near body of water during daytime
The Serbian IT sector is the country’s most recognizable economical engine of growth; Due to its affordability, Serbia has become a freelancing hub for Western companies. One of the country’s challenges is to get more of its IT talent to take the uncertain path of entrepreneurship with a relative abundance of outsourced tech jobs available.
One milestone for Serbia’s startup ecosystem is the region’s first Centre for the Fourth Industrial Revolution (C4IR), which aims to prioritize developments in biotechnology and the application of artificial intelligence in healthcare. Apart from the industries mentioned above, with access to the European market, Serbian startup ecosystems are already excelling in a number of innovative industries, including Blockchain and Artificial Intelligence. Notably, Agritech has an immense potential for the country, as agriculture covers 65% of the land area. There are some promising examples showcasing the potential of Agritech in Serbia such as Agremo, an app utilizing artificial intelligence and machine learning to monitor crops.
Supported by Google, ecosystem support organizations such as Startit offer entrepreneurs a stable platform for networking and linking startups in smaller cities with funding from Belgrade. Startit was launched by a group of savvy entrepreneurs who have become key players in growing the local ecosystem. We also commend the efforts of Business Incubator Novi Sad in supporting the local ecosystem, as well as initiatives such as Venture an Idea, launched cooperatively by Digital Serbia and USAID.
As for funding, the government supports innovative activities and funds them through Serbia Innovation Fund. Additionally, Serbia Ventures works to incentivize individuals with high net worth to incorporate venture capital funds in Serbia. Another public sector initiative, “Strategy for the Development of Startup Ecosystems of the Republic of Serbia, has the objective of accelerating the Serbian startup ecosystem by identifying and supporting successful startups and integrating entrepreneurship into all levels of education. With such public sector support, and considering the impressive talent in the country, it is likely that new success stories will emerge in the Serbian startup ecosystem. In the future, we hope to see Serbian startups focus more on the international markets and on making their ecosystems more recognizable on a global scale.

Free Dashboard
Pro Dashboard

ECOSYSTEM

Browse the startup ecosystem database of Serbia

Download the Global Startup Ecosystem Index 

Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!

Ecosystem

The Startup Ecosystem in Serbia

In 2023, Serbia register a rise in Marketing & Sales startups. Some of the most notable success stories in this industry are those of , Tenderly.

Global Rank

Serbia is ranked within the top 100 startup ecosystems globally.

Top Industries

Serbia’s startup scene is best represented in Marketing & Sales, Social & Leisure, and in Software and and Data.

Top Cities for Startups in Serbia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
165th
+
35
3.899
00.00
00.00
00.00
2nd
0
397th
+
59
0.832
00.00
00.00
00.00
3rd
0
697th
+
145
0.258
00.00
00.00
00.00
Page out of 1

Startups

Notable Startups in Serbia
Tenderly startup icon
Tenderly
Hunch startup icon
Hunch
City Expert startup icon
City Expert

Startups

Successful Marketing & Sales startups in Serbia
Hunch startup icon
Hunch
Smartocto startup icon
Smartocto
Skylead startup icon
Skylead

Startups

Startups Ranking by Industry

Marketing & Sales icon
Marketing & Sales
#37 worldwide

On our map, you can explore a total of 91 startups for Marketing & Sales.

Social & Leisure icon
Social & Leisure
#37 worldwide

In Eastern Europe, Serbia's Social & Leisure is in top 37. Serbia has a concentration of about 29 of the region's total Social & Leisure startups that are represented on our map.

Software and Data icon
Software and Data
#40 worldwide

Serbia's Software and Data is ranked 40th in the world. Our database contains 18 for this industry.

Featured Ecosystem Portals

Go to portal
Go to portal

Become our Serbia Ecosystem Partner

Apply to join hundreds of leading ecosystem developers and represent the Serbia startup ecosystem at no cost.

BLOG

Recent Posts

Mon Jun 05 2023

4 Reasons to Join StartupBlink’s Ecosystem Development Community

Join Now! Startup Ecosystem Development is a dynamic topic that requires keeping up with the most innovative policies, developments, and practices in the global startup scene. To bring startup ecosystem developers around the world together and help them to network and share knowledge, we decided to launch the StartupBlink Ecosystem Development Community on Slack. In […]

Wed May 10 2023

The Barcelona and Catalonia Startup Ecosystem Report

Download the Barcelona and Catalonia Report Ecosystem Report

Mon May 08 2023

Top Global Startup Influencers in 2023

Download the Global Startup Ecosystem Index   Unlock the full list of Influencers with the StartupBlink Pro Purchase Now Key Insights: US Entrepreneurs are in a much better position to become influencers The United States has 130 influencers, representing 80% of all influencers globally, mainly hailing from major cities such as San Francisco,  New York, […]