Western Balkans

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Western Balkans - Unleashing the Potential of Innovative Start-Ups and SMES in the Western Balkans : Investment Readiness Program 2.0

"Western Balkans: unleashing the potential of innovative start-ups and small and medium enterprises (SMEs) in the Western Balkans: investment readiness program 2.0" is a project aimed to increase investment readiness of innovative start-ups and SMEs in the Western Balkans region. Lack of investment readiness of such firms in the region is the result of several factors. This project is focusing on tackling an issue that is deeply linked to investment readiness and which seems to be consistently present in all of the countries in the region, meaning a low internal demand, which undermines profitability of startups and SMEs.

The report is prepared by the World Bank.

This report summarises focus groups and interviews done in the frame of this project.

The insufficient size of domestic market was brought up as an issue by investors and not only during the first edition of Pioneers of the Balkans, a previous investment readiness program that was run by the World Bank in the Western Balkans, and more qualitative evidence is being collected during the first phase of this current project, as it will be explained more thoroughly below, with a qualitative approach involving focus groups with CEOs and founders of start-ups in six countries of the Western Balkans.

Find the full report here: https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099061623101038230/p16316804e6a110db09ece0422599cc3074

Citation

Darova,Ornella. Western Balkans - Unleashing the Potential of Innovative Start-Ups and SMES in the Western Balkans : Investment Readiness Program 2.0 - Focus Groups with Start-Ups in the Western Balkans (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099061623101038230/P16316804e6a110db09ece0422599cc3074

Document type

Discussion paper
Practical Advice/Guide
Report

Language

English

Publication Year

2023

Country

OTHER

Author(s)/Editor(s)

Darova,Ornella. Worldbank

Source

Worldbank

Website

http://documents.worldbank.org ... 2599cc3074

Geographical focus

Western Balkans

Scientifc field / Thematic focus

Cross-thematic/Interdisciplinary
General

Images

Entry created by Elke Dall on July 17, 2023
Modified on July 17, 2023

Western Balkans Info Hub - powered by "Policy Answers" - is funded by the European Commission through the Horizon Europe project "R&I policy making, implementation and support in the Western Balkans", grant agreement: 10105887. The portal builds upon previous initiatives, such as for instance WBC-RTI.INFO and WBC-INCO.NET, which were funded under different Framework Programmes (FP) for Research and Technological Development (RTD) of the European Commission and other contracts.

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