Business

Latest and greatest business news, reviews, articles and opinions from the startup ecosystem of the Balkans, with a little bit of flavor from the rest of the world.

WooCommerce and Success go Hand in Hand

Seven years after its release, WooCommerce continues to gain unprecedented popularity. Even with dedicated store builders like Shopify and BigCommerce, the powerful eCommerce WordPress plugin has the lion share of the market, powering nearly 20% of all online stores. It…

Experience the United States as a YTILI Fellow

Launched in 2016, the Young Transatlantic Innovative Leaders Initiative Fellowship is the flagship program of the Young Transatlantic Innovation Leaders Initiative (YTILI) of the U.S. Department of State and is supported in its implementation by The German Marshall Fund of…

Ethereum Mining Rig, not worth it anymore!

A couple of months ago, building an Ethereum mining rig was quite an active sports in the Balkan region, however, building one in the recent months hasn’t been worth it and soon they will be completely obsolete. An Etherum mining…

Slovenian and Macedonian telecoms regulators sign cooperation agreement

Slovenia’s Agency for Communication Networks and Services (Akos) has signed a memorandum of cooperation with the Macedonian Audiovisual and Audiovisual Media Services Agency (AVMU). The regulators have thus committed themselves to regularly exchanging publicly available data on their activities and…

Bulgarian government sized Bitcoin now worth over $3 billion dollars

A crackdown on organized crime by Bulgarian law enforcement in May resulted in the seizure of more than 200,000 bitcoins – an amount worth more than $3 billion at today’s prices. ConiDesk reported that back in May, government officials seized…

F-LANE goes into third round

Vodafone Institute launches the next round of the accelerator for ventures focusing on female empowerment. F-LANE was initiated by the Vodafone Institute as the first accelerator in Europe focusing on tech-startups by or for women. The majority of the startups participating in the…

EBRD completes ICT capacity-building program in Kosovo

The European Bank for Reconstruction and Development (EBRD) said on Friday it has completed a successful joint capacity-building programme with Kosovo’s telecommunications regulator aimed at strengthening the information and communication technology (ICT) sector in the country. European experts invited by…

weXelerate, open for startups from the Balkan region

The innovation hub weXelerate connects large corporates and international startups in order to jointly develop new service areas, tap into new markets, as well as unite multipliers, supporters, and investors in one place. The core piece of this multilayered innovation…

Hunch closes first round financing from SC Ventures to bring AI to ad-tech

SC Ventures is excited to announce its investment in Hunch, an Ad-tech SaaS technology company that helps businesses deliver automated, optimized, and personalized ads to users on leading digital advertising platforms like Facebook, Adwords, Instagram, Twitter, and Linkedin. The funding…

Kosovo moves to modern methods for business agreements

Kosovo businesses often rely on oral contracts or “handshake” deals to conduct business transactions rather than putting agreements in writing. Such non-written agreements can result in numerous complications. When a dispute arises under a verbal agreement, the parties are unclear…