Bulgaria’s Startup Ecosystem for Beginners: 10 Key Facts
Bulgaria’s startup scene is buzzing with innovation and growth. Fueled by strategic location, outstanding talents, and supportive government initiatives, it’s become an appealing spot for entrepreneurs and investors.
Bulgaria ranks #2 by combined enterprise value per capita in 2022 in Southeast Europe according to Dealroom data (Croatia being at #1), while Bulgaria, Romania and Greece together make up more than 70% of the SEE ecosystem enterprise value in 2022. Moreover, the country is one of the leading investor hubs in SEE with Bulgarian VCs investing in companies throughout the region.
Sources: The Recursive