09.11.2020 // 11:01
Sofia’s startup ecosystem is one to watch — just give it time
Bulgaria is yet to produce a tech unicorn, but that doesn’t mean its startup ecosystem should be overlooked. Over the past decade, Sofia’s startup scene has flourished — even if it’s noticeably absent from the top positions in most tech rankings. The capital city is home to 23 universities, more than 100,000 students — 42,000 of whom are in science, technology, engineering, and mathematics — 63 research centers and several independent software schools, including the well-known SoftUni and Telerik academies. The average software engineer salary in Sofia stands at around $23,000 and senior engineers can expect to earn $38,000 or more, according to local website Obecto.