According to the latest issue of the American organization Startup Genome annual report, Serbia was a world leader in attracting foreign direct investments per capita in 2021.
Local startups had attracted over USD 135 million in investments, an increase of 600% compared to the previous year, and realized over USD 1.7 billion in tech-sector export revenues.
One of the most important steps forward is the adoption of the Strategy of the Development of the Startup Ecosystem from 2021 to 2025, which aims to accelerate the development of the startup ecosystem and incite innovations, as estimated in the report.
In concrete terms, this entails the upgrade of the infrastructure and support programs, the affirmation of entrepreneurial education on all levels, as well as the overall goal, which is 1,200 active startups in Serbia.
Gaming and the blockchain sector are rated as the strongest ones in the ecosystem of Serbia. The gaming industry employs over 2,200 people, and in 2021, it realized close to EUR 200 million in income. Serbia has also become a top destination for the development of blockchain-based products.
The information in this announcement does not represent legal advice and is provided for general informational purposes only.