Kyiv named the best for start-up ecosystem in emerging Europe

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Kyiv named the best for start-up ecosystem in emerging Europe 1

Kyiv is named the best start-up ecosystem in emerging Europe in a report conducted by Startup Blink, a start-up research center.

Of 1,000 cities across the globe, Kyiv was named as the 32nd best ecosystem in the world, eighth-best in Europe, and first in emerging Europe. Startup Blink rates cities according to the number of start-ups, how well they drive innovation, and the business environment.

For Kyiv, the report cites the quality of developers as the main factor contributing to the strength of start-ups.

Earlier, the investments in Ukrainian startups and IT companies have reached a half-billion mark in a year, according to the new annual report by the Ukrainian Venture Capital and Private Equity Association.

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