Serbia good for investment, youth should do private business

ICT Hub, a business incubator for technological entrepreneurship, was visited by representatives of 500 Startups, a global leader on the start-up scene, U.S. investment fund and accelerator, who said Serbia is a good place for investments

During their three-day visit, the founders and representatives of the investment fund held a number of workshops and mentoring sessions for local entrepreneurs at the premises of ICT Hub in the Science and Technology Park Zvezdara, Belgrade.

The topics were how to achieve initial interest in startup, how to position a product, achieve business growth, raise funds and start and develop business, reads a statement issued by ICT Hub.

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500 Startups representatives qualified Serbia as a good place for investments, adding that the country's youth is well-educated, hard-working and talented.

What Serbia lacks is a change of awareness of business and focus on private businesses, they said.

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Partner at 500 Startups Marvin Liao pointed out he had the opportunity to meet promising local entrepreneurs and interesting companies, and that his impression is that Serbia is rich in talents and has great potential in terms of technology.

(Telegraf.co.uk/Tanjug)