The Current Wave: New breed of Ukrainian tech entrepreneurs seek success in global markets, Part 5

Report: Ukraine ranks 34th among world’s best countries for startups

Foreign businesses and investors call Ukraine an inspiring country: Despite years of economic difficulties, it still manages “to create technology that is both scalable and global,” reads StartupBlink’s just released annual report on startup ecosystems.

According to the report, Ukraine ranked 34th in the list of 100 startup-friendly countries — it lost five points compared to last year when it ranked 29th in the world.

Kyiv is the country’s go-to place for techies who want to found a startup, the report said. However, the city “had a rough year” in 2020 and lost 16 points in the global ranking. Now it ranks 48th in the world, followed by Detroit, Mexico City, and Dublin.

Report: Ukraine ranks 34th among world’s best countries for startupsRead More
Topics: Data & reports, International, Kyiv, Regions
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