Project Report
| May 19, 2023
The State of the Bulgarian/SEE Startup Ecosystem
BIH Batch 6 Graduation
Dear friend,
We had an exciting start of 2023 with the kickoff of the seventh edition of Bulgaria Innovation Hub Growth Accelerator program.
With the new edition, our portfolio now contains 47 impact driven SEE/CEE companies that are driving change accross various industries, from fintech to industrial automation, healthtech, edtech, mobility and future of work.
During the program the entrepreneurs met with Silicon Valley experts and investors who helped them hone their GTM strategy, including product demos, customer presentations and investor pitches.
On the last day of class the program we brought together the local diaspora and entrepreneurial community to celebrate the achievements and progress of our #futureunicorns, and helped them establish meaningful connections with the mentors in the program and beyond.
The feedback from the participants remains positive which motivates us even more to continue iterating and increasing the value creation for our alumni, sponsors and stakeholders.
Most of all we are proud of the achievements of our companies who in 4 years and and in challenging geopolitical and economic times managed to create more than 800 jobs in Bulgaria/CEE and the US collectively, added more than 15,000 new clients, and raised $121M+ of capital.
Thanks for supporting the inititive and our efforts to shed a spotlight on high impact entrepreneurs and change makers from Bulgaria and the SEE/CEE region.
We are excited about what lies ahead and can't wait to share more soon.
Warmest regards,
The BIH team