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Sofia the capital of bulgaria is a city steeped in history and culture but in recent years it has also become a hub for the countrys budding startup scene entrepreneurship has been a part of bulgarias history for centuries but its only in the past decade or so that the country has started to gain recognition as a viable location for startups sofia in particular has become a hotspot for tech innovation thanks in part to its strategic location in the balkans and its educated workforce with a population of over 12 million people sofia is the largest city in bulgaria and has a thriving startup community some of the most successful companies to come out of the city include telerik acquired by progress software in 2014 siteground and leanplum sofia is home to several universities including sofia university and the technical university of sofia which help to cultivate a talented workforce the average monthly salary in sofia is around 1100 euros which is considered a good living wage in bulgaria the unemployment rate in the city is relatively low at around 6 and the citys gdp continues to grow steadily despite its success the startup scene in sofia is still facing some challenges such as limited access to funding and a lack of experienced entrepreneurs however the city is making strides to address these issues and attract more investment in 2018 the bulgarian government announced a new program aimed at promoting entrepreneurship and innovation in the country which should provide a boost to sofias startup community overall sofias startup scene is thriving and shows no signs of slowing down with a talented workforce supportive government programs and a growing pool of investors the city is poised to become a major player in the european tech scene