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Kyiv the capital of ukraine has emerged as a major hub for startups in recent years thanks to its favorable business climate highly educated workforce and innovative spirit the history of entrepreneurship in kyiv dates back to the soviet era when the city was a center of scientific and technical research after ukraine gained independence in 1991 kyiv became an important center for information technology and software development with many young professionals setting up their own businesses in recent years the government has taken steps to create a more favorable environment for startups such as reducing bureaucratic barriers and increasing support for small businesses kyiv is located on the banks of the dnipro river in the northcentral part of ukraine with a population of around 3017000 people it is the largest city in the country and the seventhlargest city in europe the city is known for its strong technological innovations particularly in the areas of software development fintech and ecommerce many successful startups have been founded in kyiv such as grammarly looksery acquired by snapchat and jooble there are also several established companies headquartered in kyiv such as softserve an it services provider and ajax systems a manufacturer of smart home security systems kyiv has a rich cultural history with numerous historical and cultural landmarks such as the kiev pechersk lavra monastery and the st sophia cathedral the city is also home to several worldclass universities including the national technical university of ukraine igor sikorsky kyiv polytechnic institute and the taras shevchenko national university of kyiv the average salary in kyiv is 18000 uah per month and the rate of new companies starting and ending in kyiv is high as is typical for a thriving startup scene the city has a vibrant ecosystem of incubators accelerators and coworking spaces as well as a supportive community of entrepreneurs and investors the kyiv startup scene is thriving and continues to attract both domestic and international investment the citys highly educated workforce favorable business climate and innovative spirit make it an attractive destination for startups looking to grow and succeed