Ukraine’s capital Kyiv has been revealed as emerging Europe’s best start-up ecosystem in a new report carried out by Startup Blink, a start-up mapping an research centre.
As part of research which looked at 1,000 cities across the globe, Kyiv was named as the 32nd best ecosystem in the world, the eighth best in Europe and first-ranked in the emerging Europe region. The city has jumped two places since the previous year.
The rankings are based on an algorithm that takes into account the number of start-ups in a certain location, how well they’re driving innovation, and the business environment they operate in.
For Michael Buryk, the host of the Made in Ukraine Tech Startup Edition podcast, the high ranking of Kyiv comes as no surprise. “The tech ecosystem in this Eastern European country has been developing steadily for at least the last 10 years,” he told Emerging Europe.Report: With abundant tech talents, Kyiv startup ecosystem is the best in emerging EuropeRead More