Croatia Emerges as Startup Hub in Europe
Croatia Emerges as Startup Hub in Europe

Croatia Emerges as Startup Hub in Europe

News summary

Croatia's startup scene is thriving, now ranking 48th globally and 11th in Eastern Europe, with Zagreb emerging as a key innovation hub supported by initiatives like the Zagreb Innovation Center. Notable startups like Codemap and ElectricSQL are driving this growth, with Codemap facilitating no-code solutions and ElectricSQL enhancing app functionality with offline capabilities. Conversely, Ghana faces challenges as local businesses struggle against preferential treatment afforded to foreign firms, which undermines local entrepreneurship crucial for sustainable economic growth. The industrial property sector is projected to perform well in 2025, driven by demand from manufacturing and logistics, with low vacancy rates and increasing rental prices indicating stability. Nonprofit organizations will need to adapt to new regulations and a shifting socioeconomic landscape, which could strain smaller entities. Additionally, SMEs must leverage AI advancements and e-commerce trends to remain competitive in an increasingly digital marketplace.

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