Startup Ecosystem

Welcome to the Western Balkans Startup Ecosystem

The Western Balkans is a powerhouse of emerging innovation, where regional collaboration sparks opportunity-but each economy is blazing its own trail. From rapidly growing hubs to nascent markets, more mature ecosystems actively empower and support others, creating a tight-knit network of knowledge sharing, investment, and partnership. Dive into each economy’s startup landscape and uncover the unique strengths, challenges, and opportunities driving innovation forward in 2025.

Startup Guides

Albania

Albania’s startup ecosystem is young but accelerating fast, with hubs like Tirana, Durres, and Korça fostering a vibrant community. Government support, a tech park corridor, and new digital nomad-friendly policies position Albania as a rising player in the regional innovation scene.

Bosnia and Herzegovina

Bosnia and Herzegovina is nurturing a budding startup ecosystem with growing focus on tech innovation and social entrepreneurship. Regional initiatives and expanding investor interest are helping startups overcome challenges and scale.

Kosovo

Kosovo’s startup economy is young and vibrant, driven by strong diaspora connections and growing EU integration efforts. Its dynamic startup culture is steadily gaining traction with new accelerators and funding opportunities.

Montenegro

Montenegro leverages its strategic Adriatic location and growing government support to offer an agile, cost-effective startup environment. With rising EU-backed initiatives, it is steadily becoming a notable player in regional innovation.

North Macedonia

North Macedonia’s startup ecosystem is fast-growing, with a particular focus on digital innovation and green tech. Strong EU ties and a vibrant community of founders fuel its position as a regional innovation hub.

Serbia

Serbia’s ecosystem boasts over 700 startups across diverse sectors including agriculture, healthcare, and gaming. With mature support programs and increasing corporate partnerships, Serbia leads regional growth in startup innovation.

Ecosystem Reports

Already today the Western Balkans economies have thriving ICT industries which fuel economic growth and provide an increasing number of highly qualified and well-remunerated employment opportunities.

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All members sign a Declaration of Intent which states their commitment to contribute to the mission of the Alliance. The Declaration of Intent will be published on the alliance’s website alongside the list of members.