REPORT: Ukrainian Startup Ecosystem

Facing the challenges, seizing the opportunities
The region of Central and Eastern Europe is an area located between the highly developed and wealthy countries of Western Europe and the we- stern frontiers of the Russian Federation. This area is highly fragmented by almost 20 countries. Each of them uses a different language and a different legal system. The level of socio-economic development and the prevailing business cultures are also not the same. Only two countries — Poland and Ukraine — seem to be significant organisms that stand out from the picture of that mosaic.