Serbia a good place to invest in - Serbian Entrepreneurs

Serbia is a good place to invest in startups and the Serbian diaspora can help startups develop their operations and market their businesses internationally, Serbian Entrepreneurs, an organisation of Silicon Valley-based entrepreneurs and investors with Serbian roots, has told Tanjug.

05 Decembar 2019 18:42

SAN FRANCISCO - Serbia is a good place to invest in startups and the Serbian diaspora can help startups develop their operations and market their businesses internationally, Serbian Entrepreneurs, an organisation of Silicon Valley-based entrepreneurs and investors with Serbian roots, has told Tanjug.

Representatives of the organisation on Wednesday met in San Francisco with a Serbian government delegation that presented plans and objectives, as well as results achieved in digitalisation, the IT sector and innovation.

Established in 2016, Serbian Entrepreneurs has around 150 members and aims to connect with Serbian enterprises and work on strategic projects for the Serbian tech industry and, especially, the startup system.

It has branch offices in eight cities around the world.

To date, it has had over 25 investments in Serbian startups and directly assisted the launch of ten.

It cooperates with the Digital Serbia initiative, Startit and other Serbian investment funds.

"Our organisation is a not-for-profit one and it is not politically active," said Serbian Entrepreneurs representative Tihomir Bajic, who works as executive director at the financial company LTSI.

"We find entrepreneurs or investors in the US who want to connect with people in Serbia to launch startups, or our organisation assists their establishment and financing from the very beginning," he said.

The organisation's efforts led to the Google Merchant Account platform becoming available in Serbia and it is hoping to accomplish the same with the Apple App Store in the near future.

Photo: Tanjug video


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