Domestic
12:56 21 July 2019
Post by: WBJ

Warsaw with opportunities for start-ups at European level - PwC

Warsaw with opportunities for start-ups at European level - PwC

Warsaw offers possibilities in terms of doing business and financing for start-ups at the level similar to the European average, a survey by PwC and Münster University of Applied Sciences revealed. The biggest challenges for the European start-ups are reaching customers (23 percent), attracting and retraining talent (10 percent) as well as innovation and product development (9 percent).

The start-ups mainly finance their activities operations with own funds (66 percent), while only less than 9 percent obtained financing from an external investor.

In terms of simplicity of doing business, Warsaw is slightly below the European average level. Stockholm and Oslo are on top of the list, and Rome and Vienna are at the end.

(Warsaw Business Journal)

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