Poland: Europe’s new startup playground
Poland is a shining example of how to create a startup ecosystem from scratch. Like its booming economy, the tech startup sector is growing apace, providing an exciting, well-resourced playground for young Davids to find their feet and make their name.
Low costs, an innovative talent pool and government reforms are the main drivers behind a burgeoning startup scene that is growing across the country. These measures have ensured that key cities like Warsaw, Krakow, Poznan and Szczecin are now home to a clutch of pioneering entrepreneurs.
Each city is able to offer distinct advantages to companies in their infancy. Poznan and Szczecin, for example, are 30-40 percent less expensive when it comes to hiring staff and renting office space, giving innovative companies the chance to grow without restriction. And if it's a talented pool of programmers and designers you need, look no further than Krakow.
A host of startups have wasted no time in exploiting this favourable environment. The likes of social media campaign designers FollowUs and the gamer's online marketplace Gametrade are just two of the nine startups currently making the most of the assistance on offer from Reaktor, a Warsaw-based startup collective that aims to encourage these budding Davids to share resources and pool talent.
With all of these helpful measures in place, it's clear that a startup revolution is underway in Europe. And it's Poland that's leading the march.