MAPPING THE SOFIA TECH SECTOR: A Network Analysis of the Entrepreneurship Community

Endeavor Insight has partnered with Endeavor Bulgaria to study the entrepreneurship ecosystem for tech companies in Sofia, Bulgaria. With additional research support from the Bulgarian Startup Association (BESCO), the purpose of the study is to provide insights on the sector’s current state, evaluate its strengths and weaknesses, and enable decision makers to better understand and support local tech entrepreneurship.

Endeavor Insight assessed the technology sector in Sofia, Bulgaria. This study examines the industry’s evolution, demonstrates the multiplier effect from founder reinvestment, and offers a comparative analysis on entrepreneurship support policies.

This research was made possible by the support from the Bulgarian Development Bank, the Fund Manager of Financial Instruments in Bulgaria and the Sofia Municipality Privatization and Investment Agency.

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Why did BESCO create Leadership & Advocacy Academy?

Leadership & Advocacy Academy doesn’t only develop individual participants. For BESCO, it is a long-term investment in a stronger ecosystem - building capacity where it matters most: within the organizations, institutions, and communities that shape the public environment.